Pradeep Chinnamulagund (3 Points)
15 August 2024Dear experts,
i filed 27Q TDS in Q1 2024-25, allthough i paid money to NRI seller in Aug 2024, because the seller was asking for 27Q before property registration, it looks like a stupid mistake on my part.
i filed 27Q by changing payment date to last day of June 2024 as RPU was throwing error.
now, i have received default and penalty on late filing, is it possible to correct the TDS or ask IT to reverse the penalty?
Regards,
Chandrashekar M
(18 Points)
Replied 16 August 2024
Yes, it's possible to correct the TDS (Tax Deducted at Source) and request the Income Tax (IT) department to reverse the penalty. Here's a step-by-step approach:
1. _File a revised TDS statement_: Submit a revised TDS statement (27Q) with the correct payment date. Ensure you mention the original statement's details and the reason for revision.
2. _Submit a correction statement_: File a correction statement (27QC) to rectify the errors in the original statement.
3. _Write to the IT department_: Explain the situation in a letter or email to the IT department, providing:
- Original statement details
- Revised statement details
- Reason for revision (RPU error)
- Request for penalty reversal
4. _Cite relevant provisions_: Mention the relevant provisions of the Income-tax Act, 1961, and the IT rules that support your request.
5. _Attach supporting documents_: Include:
- Original and revised TDS statements
- Acknowledgment receipts
- Any other relevant documents
6. _Follow up_: If you don't receive a response, follow up with the IT department to ensure your request is processed.
Some important points to note:
- The IT department may consider reversing the penalty if they find the error was due to a technical glitch (RPU error) and not willful neglect.
- Keep a record of all correspondence and submissions.
- Be patient, as the process may take some time.
Pradeep Chinnamulagund
(3 Points)
Replied 20 August 2024
Dear Chandrashekhar, thanks a lot for your guidance,
I have downloaded consol request, buy when I selected correction in TDS RPU, it does not enable Quarter drop down to choose correct quarter: Q2, and date correction in challan tab creates error
is quarter change allowed in tds correction?
Chandrashekar M
(18 Points)
Replied 20 August 2024
Here are some possible solutions to resolve the issues you're facing with the TDS RPU (Return Preparation Utility) software:
*Quarter dropdown not enabled:*
1. *Check the F.Y.*: Ensure that the Financial Year (F.Y.) selected is correct.
2. *Form type*: Verify that you've selected the correct form type (24Q, 26Q, 27Q, etc.).
3. *Correction type*: Make sure you've chosen the correct correction type (C1, C2, C3, etc.).
4. *Quarter details*: Check that you've entered the quarter details correctly.
*Date correction in challan tab creates error:*
1. *Date format*: Ensure the date is in the correct format (DD-MM-YYYY).
2. *Challan details*: Verify that the challan details, such as the BSR code, date, and amount, are accurate.
3. *Validate data*: Use the "Validate" option to check for errors before saving.
If these steps don't resolve the issues, consider the following:
1. *Update the software*: Ensure you're using the latest version of the TDS RPU software.
2. *Clear cache and temp files*: Clear the cache and temporary files, then restart the software.
3. *Contact the helpdesk*: Reach out to the TDS-CPC helpdesk or the NSDL e-Gov helpdesk for assistance.
Remember to carefully review the instructions and guidelines provided with the TDS RPU software to ensure accurate and error-free corrections.
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