While paying TDS, I erroneously selected last FY (i.e. 23-24) instead of current year (i.e. 24-25). Is there a way to correct this challan. It's already more than a month since we paid this challan.
CA Anoop Kumar Sharma
(Accounts Manager)
(2060 Points)
Replied 29 July 2024
If the TDS challan mistakenly mentions the wrong assessment year, don't worry. The TDS return process allows you to adjust it to the correct year as needed.
Lila
(Job)
(502 Points)
Replied 29 July 2024
So that means i will file current quarter return as usual and can select this challan (23-24) as TDS payment.
CA Anoop Kumar Sharma
(Accounts Manager)
(2060 Points)
Replied 29 July 2024
Yes you can allow that challan to file current qtr return
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
