Tds return

This query is : Resolved

Mekhala (Querist)
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23 May 2013 Dear Sir,

I have a query regarding TDS return of TDS on salary. Per annuam salary is 300000. the tds is deducted on monthly basis corectly. this is for fy 11-12. while filing the return by mistake i ahve entered the salay of Rs 300000 per month. Can it be corrected? will it create a problem to the individual? and enven for 12-13 for the first quarter the salary is entered as Rs3lac per month..from the 2nd quarter onwards it is being entered corectly as rs25000/- perm onth...how to correct the previous mistake

Shudhanshu Agrawal

Shudhanshu Agrawal (Expert)
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23 May 2013 In case of TDS return of salary data of Form 16 is filed to tax department in the year end return. In the last return details of Form 16 is entered. The data entered in Form 16 should be correct. In your case you can revise last quarter return and mentioning correct salary of the employee.

CA Kapil Verma

CA Kapil Verma (Expert)
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23 May 2013 you can simply revise the return for the same.

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Mekhala

Mekhala (Querist)
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23 May 2013 is the procedure to revise the tds return very difficult?

can we file the return at our end rather than giving the details to the CA office?

Tushar Desai

Tushar Desai (Expert)
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23 May 2013 Yes, don't be afraid of it. It is really simple.

Step 1: Revise Return for Qrt 4 of FY 2011-12.

Step 2: Revise Return for Qrt 1 of FY 2012-13.

How many employees do you have? How many Correction cases are there?

Mekhala

Mekhala (Querist)
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23 May 2013 only one correction has to be done in salary tds return...and also the same employees pan number has been entered worng..