What to do in the following situations?

1.Tds deducted under wrong section?
2.Tds deducted on short fall
Replies (2)
Quick Summary
This discussion addresses common TDS issues, specifically when TDS has been deducted under the wrong section or on a shortfall. The recommended solution involves preparing a TDS correction return to change the section code. For shortfalls, it's advised to pay the outstanding TDS with interest, then add the challan via online correction on TRACES. The process for requesting a conso file is now streamlined and can be done directly on the TRACES site within minutes.

2. pay the short TDs with interest,Add challan in online correction and request conso file.

1. prepare tds correction return, change the section code.
There is no need to request for conso file now you can easily done on traces site only within few minutes

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details
Company
21 August 2026
Finance Manager

Resollect Technologies Pvt Ltd

Mumbai

CA

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Articles

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Foundation

View Details
Company
19 August 2026
Chartered Accountant - Financial Consolidation & Reporting

Synergy Keystone

Mumbai

CA

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
ARTICLESHIP 17 August 2026
CA Article Trainee

ASC Group

Noida

CA Inter

View Details
Company
09 September 2026
Semi Qualified CA / CA Inter - 2 Groups Cleared

Getmyca Consultant Pvt Ltd

New Delhi

CA Inter

View Details