TDS ON SALARY - AIS

What can be the reasons where the TDS on salary u/s 192B for Q1, Q2 AND Q3 is not shown as deducted and deposited, however TDS is deducted in Q4 and same is deposited?
Replies (11)
Quick Summary
This discussion addresses common queries regarding Tax Deducted at Source (TDS) on salary. It covers situations where TDS for earlier quarters isn't reflected but is deposited in Q4, suggesting potential reasons like incorrect TDS returns or an inoperative PAN. The thread also provides guidance on importing bank statements into TallyPrime for reconciliation and troubleshooting issues with filing correction statements for Form 24Q, particularly concerning regime changes and pending processing status.

Employer need to correct TDS return, may be your PAN would have been inoperative. Contact your employer/ accounts dept.

@ Honourable dhirajlal sir , how to import bank statement excel data sheet to tally prime 2.1 version ???

Bank statements are used for reconciliation purpose. Therefore,

  1. Open the Bank Reconciliation report in TallyPrime.
  2. Go to Alt+O (Import)> Bank Statements.
    You can easily import data from Bank Statements into TallyPrime.

Refer::: 1. https://www.youtube.com/watch?v=6DkhcgFfVCY

          2.  https://www.youtube.com/watch?v=qjjdOucg-Uc

Thanks for the answer.

You are welcome.            

Anush , calculate tax liability .
pay tax.

Dear sir, I have filed a correction statement for 24Q Q4 on 4th June 2024. I did 80 corrections Old to new regime selection. Today 6th June 2024 In traces dashboard I see defaults for correction statement. Then I have downloaded justification report. It has cleared only 2 Remaining 78 shows Old and  still default.Then I check filed statement status by selecting qtr . It shows Pending for processing. Kindly clarify.

 Is I'm going to get 78 defaults or still has process.

@ Endeavour 

You need to wait for at least a week to get final justification,,,,

Today received intimation notice with same default sir. But still statement status shows pending for processing

Check if there is any deficiency in reporting. If not, wait for 3/4 working days then file complaint.

Ok sir. I have verified there is no default in my correction statement. I have changed old to new regime. But it didn't changed . Thank you for your valuable time

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