Tds on rent (@ 2%) deducted under the head tds on contractor

There will be problem in giving certificate.So better to change section by using online facility of traces.

Firstly you have to file an application for correction in challan if you had deposit the challan under section 194C.

Than you can revised your return.

But you had not deduct short TDS. So as per my views it is not nesessary.

As the section is very peculiar (4IA Rent on Machinery) in ETDS preparing utility it should be showed as it is in th books pf accounts as well as ETDS returns. Though the challan for TDS remitted in 94C, when preparing the ETDS return it should be correctly mentioned the section as 4IA. If it is shown as 94C then form16A will be available with that section only.