Srinivas (Finance & Accounts) (107 Points)
10 January 2011Hi,
I have paid/deposited Rs. 10,000/- against Sec 194C for Company deductees. But I have adjusted Rs.8000/- against Company Deductees and remaining Rs.2000/- adjusted against Non-Company Deductees.
Pls clarify me Can I adjust the Challan (Company) against Non-Company Deductees...?
Ram Avtar Singh
(Nagari Sultanpur U.P.Delhi)
(14497 Points)
Replied 10 January 2011
Major Code 0020-Company Deductees
Major Code 0021-None-Company Deductees
So. Please avoid single payment. paid by seperet challan.
Shyam Lal Naik
(Service)
(6156 Points)
Replied 10 January 2011
So far credit of tax to the account of the deductee, there is no problem, since there shall not be any mismatch in the OLTAS. In the LOTAS on CIN are matched.
Srinivas
(Finance & Accounts)
(107 Points)
Replied 11 January 2011
thanks mr shyam...
There is no problem in OLTAS. All the challans are matching. Anyway from now onwards I'll follow Separate challans for Company & Non-Company....
Rajesh
(student)
(31 Points)
Replied 25 January 2011
You should pay the TDS in Seperet challan with poper code
CAclubindia
