Lalit Sangani (M.Com. Asst. Manager Account) (736 Points)
18 January 2014Dear all,
In new RPU 3.8, Can we adjust one section challan amount in other section, i.e. challan amount of 192 can be adjust in 194 or 193.
Please clarify.
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 20 January 2014
Yes Its Allowed..........Even Interest Amount Can Be Used As TDS.
As You Can See. Now Deductee Sheet Has Section Code And Challan Sheet.
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 21 January 2014
Dear Ajay,
Is there any notification available for the same.
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 22 January 2014
@ Lalit
With Effect From 01.07.2013 fvu 3.8 Was Applicable In Which Section Code Was Removed From Challan Sheet And Shifted To Deductee Sheet.
So Thats What Supports My Answers...Moreover Its My Personal Experience.
Lalit Sangani
(M.Com. Asst. Manager Account)
(736 Points)
Replied 22 January 2014
Dear Ajay,
can I pay one challan for 1,00,000/- of 194C in a month and utilise for all other section or it is only for rare case where we pay wrongly excess challan amount.
CA Kumar Ajay
(Following My Dreams)
(228 Points)
Replied 22 January 2014
Although Technically Correct....But Logically Intentional Wrong Is Never A Good Idea.
Assume A Case In Which You Have To Appear In Front Of A.O And He Asks Explaination For The Same.
So Better Deposit In Correct Heads.........
CAclubindia
