vishnupriya (CA Final) (1418 Points)
24 July 2012What is the difference between Correction TDS Return & Revised TDS Return?
If there are more than 3 types of corrections in TDS Return with large volume of deductee details & challans, what is the better option for us - whether to file a correction return or a revised return newly?
Vineet Goyal
(Assistant Manager - Finance & Accounts)
(702 Points)
Replied 24 July 2012
Practically there is no difference between these two. Whenever you need to make certain changes to the orginal/ regular tds return, a correction statement has to be filed. When the correction statement is accepted by TIN system, it means you have revised the TDS return.
CAclubindia
