My Client have passed a journal entry for Interest on 31.3.2010, thereby crediting the third party's account. TDS is deducted on such Interest amount and paid on 30.5.2010 @ respective rate.
While filing the TDS Return, the 26Q Challan asks a Question as : * Whether TDS deposited by BOOK ENTRY ...................... The option "NO" is selected. Then other respective data is fed into the software and finally TDS Return is filed with in the due date.
Later the client received a notice and i have enclosed a proforma Notice Stating the details.
Please clarify and point out the Rectifications to be done.
Thanking in advance!
CAclubindia
