Tds revised return can be revised ?

TDS / TCS 1125 views 4 replies

Dear All

A client has Filed E-TDS Return for 26Q4 and REvised it also with error in some PAN data.

Now he again wishes to revise it because one tds payment that has been done for F.Y. 2010-2011 pertains to actually F.Y. 2011-12.

My query is that :-

Can Revised E-TDS return can again be Revised ?

IF we can revise the TDS return and show the details of payment and TDS in C.Y. 2011-12. What about the TDS challan that has already been paid and challan showing F.Y. 2010-2011.

 

Please reply

Rajesh Poddar

 

 

Replies (4)

1st of all you have to write to CIT(TDS), with challan copy,  to book the tds payment in current year 11-12, and after that you can revise the return.

Well, Answer to your first question is, 'yes, we can revise the return unlimited times'. as mentioned is second question, if you are paying tax late then you have to pay interest. If you want to change Assessment year mentioned in challan, you should request to ITO (TDS) for such correction & then revise the return accordingly.

Thanks for your answers.

You can revise the in unlimited times, but it should be in time limit as per applicable provisions


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