If a company deducts tax of a non-company deductee and pays the same to the govt as company deductee..(i.e. wrongly mentions in the challan as company deductee)
What are the consequences?
Can it rectified?If yes what is the procedure?
Thanks
Menu
TDS
Replies (3)
Dear Swapnil,
I m not 100% sure but I think, U should file the quarterly return by showing "as non company deductee", certainly it would not be in agreement with ur challans so file a simple application in ur TDS ward/Circle explaining that it happens because of mistake at the time of depositing challan..
But don't wait for the depatment to send u notice asking the reasons for disagreement between return and challan..
DO IT AS WE SAY "SUO-MOTO"
hi
Thank u!
Recent Threads
- Foreign Dividend earn
- TDS on Salary deducted but not paid by the employe
- GST INVOICE NOT SHOWN IN GSTR 1
- Turnover in AIS summary
- How to treat unutilised capital gain account schem
- What to do / how to handle about Capital receipt s
- How to show SGB interest in iTR
- How to file income tax return of ATM franchisee bu
- ITR Filing in case of deceased person
- Stuck with Schedule FSI in ITR 3
Related Threads
CAclubindia
