Regarding tds return filling 4th quater

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

13 April 2016 Dear Sir,

Can i submit tds return( 26Q) for 4th quarter in the month of April ? the due date is 15th of May
All the tds paid for the period of Jan- March 2016.
If i submit in April and after that it is shown that NSDL has released a update version for RPU & FVU, So i have to again submit with the update version.

A tds among them was deducted in January but paid in 3rd march instead of February 16.
Interest of rs-5 is not paid. So is there will be any problem at the time of return filling

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

13 April 2016 If you have not filed TDS return then pay first interest and then file return. second you can file any time after march. if your data has been accepted in previous version then no need to file again. your data will be processed. No need to worry...!!!

Message likes : 1 times

Querist : Anonymous

Querist : Anonymous (Querist)

13 April 2016 Bhagat Sir
Please tell me one thing that if i paid now interest of rs-5/-, then how it will mention on challan field at the time of tds return preparing in RPU software. Because we need to put the tds challan detail, like BSR cide ch. sl. no. etc. So it is necessary to mention interest payment detail separately. Tax was paid earlier and interest is paying now OR just to put interest amount only in the respective field in CHALLAN FORM.

Upgrade to CAclubindia Pro. Subscribe Now!

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

13 April 2016 if you add challan of interest. when you validate it will show as deposited more than deducted which is your interest amount.

Querist : Anonymous

Querist : Anonymous (Querist)

18 April 2016 Bhagat Sir

So what will be be better for this case ?
Just paid interest of rs.-5/- and not to add challan of interest payment in return.
Csi file of challan of interest is required to download for file validation ?

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

18 April 2016 Yes paid challan of interest but you can't show it with any particular deduction so if you want to show you have to just add challan in tds return.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

18 April 2016 interest amount need to pay with tds and by that you can show interest in deduction details but for your case it is advisable to add challan only not to add in deduction details. if anything goes wrong then revert here we will help you to find a better solution.

Querist : Anonymous

Querist : Anonymous (Querist)

19 April 2016 Bhagat Sir
Thank you very much for this guidance.

Upgrade to CAclubindia Pro. Subscribe Now!

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
Follow

19 April 2016 Welcome Sir, We are here only to help you.