Tds chalan correction of ay

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

06 May 2015 Dear friends

Online payment of tds was made with AY 2015-16 on 04.05.2015. Now I want to correct it as AY 2016-17. Is there any mechanism to correct this.

Please help. Thanks in advance.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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06 May 2015 As per CPC Communication dated 10.09.2014 a single challan can be used for payment of tax deducted at source for multiple financial years. Excess challan paid in any quarter can not only be used for payment in subsequent quarters of the same financial year but also for subsequent financial years also, if there is unconsumed amount in the challan.

Also check out the link given below in this regard:

http://taxguru.in/income-tax/single-tds-challan-purposesanalysis.html