Tds under section 194c and 194j

One of my client being a Pvt Ltd Co. has not deducted TDS on certain payments which are subject to TDS relevant to IVth quarter pertaining to F.Y.2013-14.Hence the same are be disallowed as per I.T.Act.However the Act also says that if such TDS has deposited to the Govt in next F.Y. i.e. F.Y.2014-15 but prior to filing of Income tax return i.e. 30.09.2014 the same can be allowed as admissible Expenses by virtue of section 40 (a)(ia) of I.T.Act. Now the query is how to show the same while filing e-TDS Return i.e. whether we have to revised/Corrected the IVth E-TDS quarter relevant to F.Y.2013-14 by getting Consoled file from cpctds website or the same can be shown in IInd Quarer relevant to F.Y.2014-15 while filing relevant e-tds return in order to claim the expenses in the year in which TDS has paid. Please suggest accordingly at the earliest. 

 

Replies (2)
In my opinion u have to deposit the tax with intt.and the filed the revised return for the 4th qtr of 2013-14
agreed with above answer.... deposit tds with intt on late payment and then file correction return for 4th quarter.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
14 October 2026
Accountant

Rize.farm

Bengaluru

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
07 October 2026
Senior Account Manager

Amplio Invest

Mumbai

M.Com

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 22 October 2026
Articleship intern

Srinath Manikanta

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
21 October 2026
CA INTER/ BCOM WITH EXPERIENCE

CA S KUMAR GUPTA & CO

Amritsar

CA Inter

View Details