Tds deposited under wrong section

Hi,

One must enter all challan details properly. If the return is rejected due to wrong or mismatch details then one must revise the respective return with correct details and file again

If paid wrongly within a day conduct the bank they will change 

As per Circular No. E/257 dated 12th September 2014, Section quoted in Challan, at the time of depositing Tax deducted/ collected is irrelevant for the purpose of consumption in TDS Statement. Applicable from FY 2013-14. 

NSDL receives tax collection data as uploaded by the bank. NSDL is not authorized to carry out any changes in the data sent by the bank to TIN.

The fields that can be corrected by the Taxpayer through Bank are tabulated below

Note :

1. Above correction mechanism is applicable only for physical challans with deposit date greater than equal to September 1, 2011.
2. Any correction request initiated by the taxpayer after the time limit specified above shall be rejected by Bank.
3. For challans with challan deposit date from September 1, 2011 to September 30, 2011, the time limit for correction in TAN/PAN, Assessment Year and Amount will be within 45 days from challan deposit date.
4. The fields that can be corrected and the entity authorized to carry out corrections on challan with deposit date less than September 1, 2011 are as below:

   Sl. No.	Type of Correction on Challan	Performed By
   1	PAN/TAN	Assessing Officer
   2	Assessment Year	Assessing Officer
   3	Major Head	Assessing Officer /Bank
   4	Minor Head	Assessing Officer
   5	Nature of Payment	Assessing Officer
   6	Total Amount	Bank
   7	Name	Bank

5. For rectifications in challans paid through online mode (internet challan) , taxpayer may contact their concerned Assessing Officer (AO) of the Income Tax Department (ITD).
6. More details on Challan Correction Mechanism available at https://www.incometaxindia.gov.in/_layouts/15/dit/pages/viewer.aspx?path=https://www.incometaxindia.gov.in/documents/challan-correction-mechanism-26082011.htm?int=1&IsDlg=1

Thank you Mr CA. Nitin K. Varshney for your prompt reply. Can you give me one suggession, Such TDS can be used in Next FY. If yes pls maintion the Act where it is permitted

With Thanks & Regards

Imran Ahmed

How can i use such deposit.

Can it be used in Next FY

HI IMRAN,

AS SUCH I KNOWS SECTION MENTIONED IN CHALLAN IS IRRELEVANT.

MOST OF OUR CLIENTS DID SAME MISTAKE NUMBER OF TIMES. ONLY CHALLAN AMOUNT AND CONSUMPTION OF SAME IS RELEVANT