Old TDS issues

383 views 5 replies

Hi,

Our CA had filed TDS return for FY 2009-10 for all 4 quarters. But in fact we had provided him single challan comprising of all deductions of all 4 quarters (let's say Rs. 40,000/-). He simply bifurcated the challan amount in 4 returns (let's say Rs. 10,000/- for each quarter) with same CIN & other details. Now we got a notice for short deduction & interest to pay as system is unable to locate challan (4 challans of Rs. 10,000/- each) since it is bifurcated. Is there any procedure to revise it today so short deduction can be set to nil. 

Thanks in advance.

Replies (5)
Yes u can download conso file and put actual challan details in all 4 qtrs.
Is demand raised ?
Revise tds return for any omissions or miscalculation.
Revise your TDS returns, same is allowed.
Online correction statement from Traces sufficient if it is only for demand related. Data correction if any can be done done from Tds correction statement through IT website

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