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Tds payment company deductee or non company deductee

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i deposited all challans according deductors status .... does it create any issue??
Replies (9)
Quick Summary
TDS challan payments made under �company deductee� instead of �non-company deductee� generally do not create immediate issues in filing returns. However, experts advise correcting the classification through TRACES correction to avoid future TDS credit mismatches for deductees. Proper categorization should be followed going forward to ensure compliance and smooth credit.

Can You elaborate Your query?
He means he deduction all challans considering his organization as company or non company deductee. Well this has not been arised as any issues as per my experience so far.
I selected company deductee coz my company is pvt ltd.. it's worong i have to select according to deductees status... now is it any issue rise in future?

That's what m telling...i have done as you..but i have never experienced any problem so far. 

No issues..Go on for returns filing.

@ Neelam
Issues may arise in future to Deductees for getting TDS credit. I repeat , may arise.

Better to correct in TDS return if possible.

Now onwards you write correct status of deductee to avoid any type of mis-match

@ Neelam   As of my knowledge i did TDS defaults corrections worth approx 8cr. and faced no issues in this matter.

Now onwards pay challans correctly..

@ Mr Neelam Yadav.,

No issues not a matter or if it's kick in future.

But, Better to follow correct advice if T/O is Lakhs or Crores.

Just follow Mr Kapadia Pravin view...

1. TDS challan corrections can be done through online via TRACES. 
2. Specifying non-corporates as corporates assessee is a common mistake done by many people. But the same should be rectified soon in order to make sure no problem arises to the taxpayers in the future. 
3. The above mistake can be rectified online via that portal, however, there is time limit within which the rectification request should be given. 
4. Proper advice is to correct it before anything happens. 
Please correct me if the above solution has an alternative view. 


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