Tds payment in wrong section
This query is : Resolved
29 April 2014
WHILE MAKING ONLINE PAYMENT OF TDS, I HAVE PAID AMOUNT U/S 194A INSTEAD OF 194IA. HOW TO RECTIFY THE SAME?
CAN I ADJUST THE PAYMENT MADE U/S 194A WITH WHAT I HAVE TO PAY U/S 194IA?
PLS TELL ME THE FULL PROCEDURE TO RECTIFY IT FULLY.
CAN I ADJUST THE PAYMENT MADE U/S 194A WITH WHAT I HAVE TO PAY U/S 194IA?
PLS TELL ME THE FULL PROCEDURE TO RECTIFY IT FULLY.
29 April 2014
you cannot make inter-section adjustment. you need to approach AO to amend the challan details.
29 April 2014
Well Nikhil Ji i have a different view point.Though i dont hve any documetary proof of same,but the TRACES helpdesk say that inter-section adjustment is possible.They also suggested ,that we just need to approach the AO for the rectification and we can adjust the same.
29 April 2014
Annu. Can you share the helpdesk link?
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29 April 2014
Yeah sure Please call on TRACES toll free number 1800 1030 344.
29 April 2014
Annu,
See the basic problem:
CPC processes the return without any manual intervention. they reject returns and raise demand for minutest of errors. filing under different section or splitting challan amount against different sections would invariably cause rejection of return or raising etc demand.
easier way out is to approach AO, get the section changed in the records and file the proper return.
See the basic problem:
CPC processes the return without any manual intervention. they reject returns and raise demand for minutest of errors. filing under different section or splitting challan amount against different sections would invariably cause rejection of return or raising etc demand.
easier way out is to approach AO, get the section changed in the records and file the proper return.
29 April 2014
How to approach the AO,is there a proper procedure or we just need to write to him or visit him
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29 April 2014
as such only written request is sufficient. but we all know how tax department works...so personal visit is always advisable.
Tax department has notified the whole procedure for this, please refer:
http://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
Tax department has notified the whole procedure for this, please refer:
http://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
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