TDS return

radha (ggk) (44 Points)

11 October 2011  

 

We made TDS payment for AY 2010-11 and 2011-12 wrongly in one challan and our CA suggest that the payment made for AY 2010-11 should treat as advance payment of TDS for the AY 2011-12 and in succeeding months make only balance payment after adjusting this amount

 

Now we are facing a problem in Quarterly return of TDS

ie:TDS payable U/S 194 c was 10500 on 5,25,000 @ 2% for current month.advance TDS payment was 7500 and we made payment of 3000 only this month and have 2 challan for the deduction

then how this will reflect in quarterly return? we have to show the full amount of payment for each challan or can divide the payment corresponding to the challan amount

Eg-Payment was 5,25,000. then we have to show

       5,25,000    for challan 7500

       5,25,000 for challan 3000

OR

       3,75,000 for Challan 7500

       1,50,000 for Challan 3000

Please help me to clear this

Thanks & Regards