Remedies available for tds deposited under wrong section

TDS 1546 views 7 replies
Dear All, We have deposited TDS wrongly under section 194 J instead of depositing the same u/s 195 ( TDS for Non-Resident ) for July 2011. Please suggest the remedies available to correct this mistake. Regards, Neeraj
Replies (7)

Dear Neeraj,

This was happened in my case.

You should immediately visit the assessing officer of your TDS circle and upon request they can change the section reference in the VOLTAS database. Its upto the AO to decide.

Dear Neeraj.

 

B.shiv shanaker is right

Thanks Sivakumar... I will do the same.. just one more query... whether TDS AO would himself make the change in the VOLTAS database.. or we would need to approach NSDL for effecting such change once TDS AO acknowledges/agrees the application for such change.

Regards,

Neeraj

Its not VOLTAS database, its OLTAS database. And TDS return can be even revised later on.

Thanks Jaspreet...

No need to go for NSDL. TDS AO has the power to change.

what if the section is not changed. I do not know the importance of it.  PLease enlighten.


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