10 June 2011
sir what are the consequences if we have filled correct challan identification No.in Tds Return but wrong in Tds certificate? Is there will be any problem to deductee in claiming the deduction?
10 June 2011
The Credit to the deductees is given on the basis of Quarterly TDS Return i.e. Statement of TDS. In case information provided in TDS return is correct , there will be no problem. . In case there is any mistake in TDS Certificate or in TDS Return it can be revised, otherwise there will be difficulties to the deductees in getting proper tax credit.