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Default in tds return

Ravi Hissaria (article assistant) (152 Points)

12 July 2012

Dear Friends,

A Default is Showed in our TDS return for the financial year 2010-11 of Q-4 at tin-nsdl site. To find out the Default some information is asked by for verification is that PAN no our our three deductees but problem is that there is only one deductee in that quarter of the financial year 2010-11 therefore we are not able to see that what is default in our form 26Q.

We also tried to fill the same PAN no and amount for all the three detials but it showed the error therefore please help me that how can I find the default of my TDS return.

Thanks in Advance.

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7 Replies

Dhawal Mohnot (Practicing) (449 Points)
Replied 12 July 2012

Dont rush. Income tax department will send you a notice in hard copy anyway. So you can asses your default then.

And from what i have experienced, even after entering all the details, the system throws a message "CHALLAN MISMATCH" so its no point wasting time, because i have been receiving hard copy notices for all those defaults.

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CA Vanamala Phani Kumar (Proprietor of M/s Vanamala and Co) (972 Points)
Replied 12 July 2012

may there will be another deductee for that quarter..........

shashi03raj@gmail.com (student C.A) (28 Points)
Replied 12 July 2012

sir,

i filled wrong Pan of one party. the return has been submitted to nsdl.

how can i revised the incorrect submission.

shashi raj

article

Karan Bhatia (Student) (43 Points)
Replied 12 July 2012

Dear Ravi Hissaria,

Kindly check the TDS return that you had filed. The same PAN should be quoted to the Deductee's PAN and corresponding amount. Maybe there is some mismatch in the PAN itself.

And if there is one PAN, then you should quote only one PAN and corresponding amount.

Karan Bhatia (Student) (43 Points)
Replied 12 July 2012

Dear Shashi,

Go to NSDL website and register your TAN.

Now after registering, download the consolidated TDS file for the year and quarter you are going to revise. To download, enter the same required details that you had filed in your return (that is for verification purpose only). After downloading the file, make the necessary changes in the ".tds" file and e-file it again.

Remember, wrong PAN would attract penalty up to Rs. 10,000/- to the assessee.