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Tds payment company deductee or non company deductee
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.
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..
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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