Tds

u can pay TDS in the next quarterly return and and u have to pay interest also....

Hi Aman I didnt get u,

my que is can we file revised return for quarter which we have received notice from IT dept.

Suppose  for 2011-12 Q3 we have received notice from IT dept.

can we file revised TDS return for that quarter quoting the PAN no's now

Yes, You can file the Revised TDS return for which you have received Notice by quoting the Correct Pan Numbers, But the matter about interest is depends upon such things, those are:

1. If you have paid tds in that particular return within due date, you dnt need to pay the interest on which amount was noticed as short deduction by the IT department.

2. Where as you didt pay the tds in that original return, you should pay the interest by calculating on the amount after you made PAN correction.

Regards

Thank U Maruthi.

Thanx a lot

@ Maruthi do we need to give intimation to IT dept that we have filed revised return upon submission of revised return ??????

Varalakshmi,

Acutally the E-TDS was fully online and automatically updated with I.T.Department, So, Technically We dont need to intimate the Revised Return Submission, If anybody file the TDS rerurns they will be automatically updated to thier TAN Number. But, Practically it may be good if we send the Copy of the Notice along with the Copies of the Acknowledgements of TDS Revised Returns for their ready feference.