Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 07 March 2017
If the section is correct and only error is that you deposited one company deductee TDS along with non company deductee TDS, it will not result in any problem while filing the e-TDS returns. You can go ahead and file the TDS return.
But if you insist on Rectitification of errors in challan, then you may contact your bank within the following time limits:
| Sl. No. | Type of Correction on Challan | Period for correction request (in days) |
| 1 | PAN/TAN | Within 7 days from challan deposit date |
| 2 | Assessment Year | Within 7 days from challan deposit date |
| 3 | Total Amount | Within 7 days from challan deposit date |
| 4 | Major Head | Within 3 months from challan deposit date |
| 5 | Minor Head | Within 3 months from challan deposit date |
| 6 | Nature of Payment | Within 3 months from challan deposit date |
However you may note that the 'Deductee' field is not mentioned above. Hence a mistake made in choosing the type of deductee is not going to cause any problems.
If you want to know more, refer the file attached.
Dishita
(Student CA Final )
(27 Points)
Replied 07 March 2017
Thank you sir if I not rectify error because tds rate is correct than any consequences occurs?
Sanjay S
(Chartered Accountant)
(1375 Points)
Replied 07 March 2017
No. I have not come across any consequences arising as a result of such a trivial mistake.
There wont be any problems
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