anony (MANAGER) (145 Points)
15 May 2012DEAR SIR,
WE HAD TO MAKE PAYMENT OF "INTEREST ON DELAYED PAYMENT OF TDS" AS WE DID NOT PAY TDS U/S. 194 J TIMELY.
AT THE TIME OF MAKING THIS PAYMENT TOWARDS "INTEREST ON DELAYED PAYMENT OF TDS", WE ENTERED VALUE OF INTEREST IN THE COLUMN "TAX" WRONGFULLY.
NOW, WHAT IS THE PROCEDURE TO RECTIFY THIS ERROR. MY POINT IS THAT WE HAVE MADE PAYMENT TOWARDS INTEREST BUT THE CHALLAN SHOWS PAYMENT TOWARDS TDS (TAX), WHAT TO DO NOW.
PLZ HELP ME OUT.
REGARDS,
LALIT DHABRIA
ankita Goyal
(Student CA Final)
(113 Points)
Replied 15 May 2012
You will have to visit the bank where you made the payment, to get ur challan rectified. There is no other alternative.
anony
(MANAGER)
(145 Points)
Replied 15 May 2012
ANKITA,
CAN IT BE RECTIFIED THROUGH BANK?
REGARDS,
LALIT
CA. Dashrath Maheshwari
(TaXpert)
(15103 Points)
Replied 15 May 2012
Bank can rectify such errors, so you need to approach your bank with covering latter and copy of payment challan.
CAclubindia
