TDS deposited under wrong sections

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 January 2011 Our company have deducted some TDS u/s 194C but wrongly deposited the same u/s 194J.(F.Y. 2008-09)

So, Whatz d remeady available???

Do we need to deposit the TDS again U/s 194C?? If yes, then what about the TDS deposited U/s 194J (can claim refund??)

Aditya Maheshwari

Aditya Maheshwari (Expert)
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07 January 2011 write a letter to ur concerened TDS ward officer for rectification of the same.

CA Shailesh Kumar Bhagat

CA Shailesh Kumar Bhagat (Expert)
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07 January 2011 As per details provided by you this transaction relates to a period 2008-09,for which you have already have furnished the returns for that period ,Assessment year for period 2009-10 is also near to close ,so now at this time no benefit to revise the return.The only remedy left to you that on receiving notice from the ITO (if any), explain your situation and got the excess TDS adjusted against section 194J.

Read more: TDS Deposited in wrong Section-How To correct. | SIMPLE TAX INDIA-TDS RATE INCOME TAX RATE

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