TDS problem

Revise return and get refund.

The Company must file the revised return and claim for Excess TAX paid. The revised return must be file within one year from the end of Assessment Year.

party  can file revise return

company can revise the return if company file the original return within due date

and get refund of rs. 6000/- otherwise decline.

Yeah company can revise return if filled in time and take d refund and would hv 2 letgo TDS Receivable if return not filled in time...

Please check the company shown the receipts inrespect of that TDS

Dear,

I would advise not to revise the return if the amount is not substential for the company as the revise returns often becoms a victim of Scrutiny(often scrutiny cases are opened only on the basis that the said returm was revised as income tax people suspect that there would be something materially wrong in the same)

This is totally practical view.

sunil

Both the company as well as Party revise the return.