Change in tds challan

This query is : Open

Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2013 Dear members please help...

An Assessee deducted tds under section 195 for professional services, and inadvertently deposited the same under section 194J along with TDS deducted under section 194J under the same challan.

What can be the remedy for this mistake.

Secondly, if we get the section changed to 195 for the whole amount of TDS, whether the party (resident) can claim credit in any manner.

CA Hardik Bunha

CA Hardik Bunha (Expert)
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21 May 2013 section 195 only applicable to non residents.

but due to lack of goverment system you can take credit of the same.

Querist : Anonymous

Querist : Anonymous (Querist)

21 May 2013 Thanks for your prompt reply.... let me elaborate the case for better understanding..

A (non resident)-TDS under section 195 - Rs.x
B (Resident) - TDS under Section 194J- Rs. y

Due to negligence TDS deposited (x+y) under section 194J under the same challan.

How to enable both parties to get credit.
If I go for change in section to 195, then whether B will get credit or not.

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