Tds payment company deductee or non company deductee
Neelam Yadav (44 Points)
07 October 2019
i deposited all challans according deductors status .... does it create any issue??
Neelam Yadav (44 Points)
07 October 2019
RAJA P M
("Do the Right Thing...!!!")
(128075 Points)
Replied 07 October 2019
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 07 October 2019
Neelam Yadav
(44 Points)
Replied 07 October 2019
Sandeep Sharma
(Accounts executive)
(552 Points)
Replied 07 October 2019
That's what m telling...i have done as you..but i have never experienced any problem so far.
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 07 October 2019
No issues..Go on for returns filing.
Kapadia Pravin
(17259 Points)
Replied 08 October 2019
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 08 October 2019
@ Neelam As of my knowledge i did TDS defaults corrections worth approx 8cr. and faced no issues in this matter.
Now onwards pay challans correctly..
RAJA P M
("Do the Right Thing...!!!")
(128075 Points)
Replied 08 October 2019
Suresh Thiyagarajan
(Student)
(3986 Points)
Replied 08 October 2019
1. TDS challan corrections can be done through online via TRACES.
2. Specifying non-corporates as corporates assessee is a common mistake done by many people. But the same should be rectified soon in order to make sure no problem arises to the taxpayers in the future.
3. The above mistake can be rectified online via that portal, however, there is time limit within which the rectification request should be given.
4. Proper advice is to correct it before anything happens.
Please correct me if the above solution has an alternative view.
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