Tds issue

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

10 May 2012 We have paid professional charges to one of our staff for the year 2011-12.From this amount we have deducted TDS under section 194J and the same has been deposited in the bank.Against this we have filed TDS return also for the QTR 4 for the year 2011-12.But now the concerned staff is asking the payment as salary.
What is the procedure for changing the same and awailing the credit of TDS paid thru 94J. Is it possible to change.
Please reply back immediately.

Guest

Guest (Expert)

10 May 2012 Tax once deducted and paid cannot be reversed. Make future payment as salary