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Tds not fully taken ay 2017-18

TDS / TCS 220 views 3 replies

I filed my return for AY 2017-18 on time.

I got intimation of 143(1) today morning. There was a demand of 21K instead of refund  of  59k.

Two TDS of 22k and Rs 55555 which are appearing in 26AS - the amount of tax credit given is zero. Beause of this there is interest under 234B and 234C.

I doubt whether they check personally the 26AS.

My question is if i send for rectification the interest will be reversed or not ?

Replies (3)
Mr. Shirish
You can file rectification u/s 154 and claim TDS. If the rectification is accepted by the department then interest will not arise.
File rectification u/s 143(1) giving reason being TDS mismatch.
You should file rectification u/S 143(1) online through e-filing portal and also submit response against this outstanding demand.
When you filed rectification u/S 143 (1) please choose the first option i. e. Tds mismatch and fill the details of Tds again and submit it.


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