Wrong filing of tds return

This query is : Resolved

Bhavesh (Querist)
Follow

26 November 2012 1st 3 months my client was having a proprietary, then it turned into partnership firm.. Bt by fault TDS return is filed for both proprietary & firm for all the four quarters..!! what to do now..??

CA Prashant Shrivastava

CA Prashant Shrivastava (Expert)
Follow

26 November 2012 to answer the query please inform that TDS deposited by which concern in last 3 qtrs.

A.Senthil Subramanian

A.Senthil Subramanian (Expert)
Follow

27 November 2012 Mr. Bhavesh, TDS returns to be filed in which concern the concerned Expenses are going to Account, the challan remitted, the deductees dealt. But in your case we cannot understand these. First verify in which concern's TAN the challans are originally remitted.Then only we can adjust the paid challans with the deductees records. So how it was happen? Verify correctly. If challans remitted by both the concerns then you should file TDS return in both the concerns TAN. If challan remitted by one concern only then IT Department will send you notices for Payment of amount for the other non remittance TAN. In that situation consult with your TDS ITO.

Upgrade to CAclubindia Pro. Subscribe Now!