Claim of tds challan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

23 April 2015 We have deposited excess amt. in tds challan contanining section no 192b pertaining to Form 24q. Now we want to claim that excess amt. deposited in that challan against Deductee of Form 26q also.
How we claim that challan in Form 26Q and Form 24Q simultaneously For filling of regular TDS Return.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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26 April 2015 No issues.

For Deductor’s convenience, CPC(TDS) has established processing logic in the system that can accept a Single Challan for reporting of Tax Deposited in following circumstances:

# Payment of Tax Deducted under different sections of the Income Tax Act, 1961
# The CPC (TDS) system gives credit of TDS against different sections of the Act, even though a specific section has been quoted in the challan.
# Example: The challan used for payment of TDS relevant to Section 192 of the Act can also be used for the purpose of reporting tax deposited under Section 194 of the Act also.

Also see below link in this regard:

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

http://contents.tdscpc.gov.in/en/tdscpc-communication90.html