Revised Return of TDS

This query is : Resolved

Devendra Rawat (Querist)
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12 May 2010 Dear Experts,

One of our client which is branch of a Company file its e-TDS retrun for F.Y.2007-08 in August 2008 (all Qtrs).

Since there was a mistakes in returns filed and AO has issued notice for explanation.

(mistake is: Physical Challan amount and challan amt as per return do not match.)

Now how should ve proceed?

CA. BIJENDER KR. BANSAL

CA. BIJENDER KR. BANSAL (Expert)
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12 May 2010 E-tds return will be filed by Company ifself in consolidated for its branch. Becasue PAN no & TAN no is for whole company, not branch wise.

If such differnce in return, then you can give reply by letter in respect of such notice. IF AO instructs to revise it then revise the return.

Shyam Lal Naik

Shyam Lal Naik (Expert)
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12 May 2010 Beg to differ.

It is true that a company can have only one PAN, but it can have separate TAN for each branches.

In case of mistake in the original return, a correction statement can be filed, and the AO can be intimated accordingly.

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