My one client has deposited tds in Bank u/s 194A instead of 194C. now I want to submit TDS return for qurter ended 31st december 2015. Actual TDS is for contract payment but during payment of challan wrong section 194A selected. Can you tell me what is the remedy for this? and how I correct challan in Bank? Bank will correct it. Please replay fast
08 January 2016
Yes in case of wrong selection of section, correction can be done by bank with in 3 months from challan deposit date.Contact your banker and make a request for correction.
CAclubindia
