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Tds short deduction can be two different challan in one

TDS 493 views 1 replies

Dear All,

I have  a party which we have taken a loan the party is nri thats why we deduct 30% tds on amount but after deducting the tds and submitting we get the information for increasing the percentage that it increase and total 30.9% so my question is can two challan can be club in this situation please tell ASAP

Thanks in Advance 

Amit Kumar

 

Replies (1)
You cannot club 2 challans. What you can do is as follows.

interest amount is say Rs.100000

1. Challan amount Rs.30000;
Details in tds returns : Amount paid/credited - 97087 Tds - 29126 + 874 cess.

2.Challan amount Rs.900;
amount paid or credited - 2913 , tds - 874 + 26 cess


In short , split the amount keeping the dates same.


CCI Pro

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