My client had deposited Rs. 5.15 lakhs towards TDS u/s 195.
While filing return, Rs.15000 was mentioned as Interest and not education cess.
Hence deductee got credit of Rs. 5 lakhs only.
Now I wish to revise return and put 15000 as education cess instead of interest. System is not allowing to modify challan.
How should this problem be solved. ?
Kindly advice.
I think it can be corrected this way:
In traces, click on correction request, give any challan and the corresponding 3 PAN and Amounts mapped in that challan.
Then, inside the correction statement, you can alter the challan particulars - put the whole amount of 515000 in the tax deducted and deposited field and remove the figure in the interest field.
After such correction is approved by traces, file a revised return by adding another entry in the name of the client with TDS as 15000 and map it against that challan.
I hope it helps
I think it can be corrected this way:
In traces, click on correction request, give any challan and the corresponding 3 PAN and Amounts mapped in that challan.
Then, inside the correction statement, you can alter the challan particulars - put the whole amount of 515000 in the tax deducted and deposited field and remove the figure in the interest field.
After such correction is approved by traces, file a revised return by adding another entry in the name of the client with TDS as 15000 and map it against that challan.
I hope it helps
CAclubindia
