Nirmala (Article Assistant) (104 Points)
02 December 2014Hi
Can any one suggest me regarding this problem
One of our client has filed TDS Return by entering same challan in 2 quarters the amount has been claimd in respective quarter. but the extra entered challan is showing unmatched. now IT dpt has given notice to make payment for that unmatched challan showing it as short payment. now im trying to do revised return. what is the solution for this, should i delet that extra challan or shall i keep it like that and do Reivse return.
Please suggest me.
NAVEESH DHAR
(ADVOCATE- TAXATION ADVISOR)
(427 Points)
Replied 02 December 2014
Poonam Karwa
(Asst Manager)
(30 Points)
Replied 02 December 2014
Same Challan can be used in two quarters in the same financial year provided the amount against it must be proper
eg. Rs.100 TDS in 1st Quarter
Rs.100 TDS in 2nd Quarter
Challan paid RS.200 (ignore interest for the time being)
Now you can use this challan of Rs.200in both the quarters provided the dedcutee amount against it should be Rs.100 in each quarter and challan amount should be Rs.200 in each quarter. Dont break the challan amount.Other wise it will show mismatch only.
Challan has to be entered in full. However the TDS against it can be lesser if the same challan is used in other quarters also.
If you entered the challan in parts you must revise the return with the total challan amount
Roshan Thomas
(C.E.O )
(356 Points)
Replied 24 December 2014
You can correct the challan details by downloading the consolidated file from TRACES website. When you import it and view in the TDS software you can view the unmatched challan is highlighted - correct the details and file revised return
Nirmala
(Article Assistant)
(104 Points)
Replied 19 February 2015
Thank you everyone for ur suggestions. I tried as per u ppl told but the software does not allow to delet the unmatched challan, so i asked IT dept regarding this matter they said me they dont have any solution for this. Later i tried to correct it by putting amount as Rs.1 in unmatched challan n filed revised return, so that the lumpsum amount in unmatched challan will bekm only 1/- & the interest amount after filing revised return will also be less. This is the only one solution for correcting unmatched challan.
CAclubindia
