Can someone please tell me the steps to rectify the defaults generated in the quarterly return????
3 Replies
valji
(Accounts manager-MBA)
(2150 Points)
Replied 20 February 2012
Download defualt with original file of TDS
Check defualt whether any short payment or mistake in filing in return ,rectify them & submit revised return
after making the payment of any interest in deafulat file check whether it is proper ,if it not proper then check your challn payment date whether any mistake in challn date correct the same if proper int is calculated then pay the same & revise return accordingly
if it is mistake from income tax deprtment side for calculating int then submit letter to your A.o
sharad
( )
(157 Points)
Replied 21 February 2012
Sir, I am asking about the online correction that has been made mandatory from this quarter onwards??
valji
(Accounts manager-MBA)
(2150 Points)
Replied 21 February 2012
please also give me circular for the same
As per my knowledge deafualt is solved only after revised return with corrrect details
Recent Topics
- Is TCS applicable on sale of used car by a Compnay
- Hsn wise data in GSTR 1
- Accounting treatment of Conversion of a part of Ag
- AO's Query on Bad Debt Claim – Need Guidance
- Capital account entry in tally
- TDS Applicability on Commercial Photography & C
- CSR via Trusts and Form 10BE - Legality of 80G Cla
- NRO Conversion vs Closing Account and Gifting to M
- Exchange gain loss
- Donation to Prime Minister Relief Fund
Related Threads
Trending Online Classes
-
GST LIVE Certification Course - 42nd Weekend Batch(With Govt Certificate)
Industry Expert17 May 2025
CAclubindia
