NIKHITHA (Student) (133 Points)
26 May 2017Hello everyone,
I have a query regarding TDS filing.One of my clients has got demand for interest on late payment of TDS and he has paid interest under head 400.Now is there a need to inform TDS dept that the demand is paid- through some sort of filing?
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 26 May 2017
For the purpose of removal of the demand you have to file a revised tds return.
In that return you have to add the challan online first. After that you have to file that revised return. Once you file that the revised return the demand will be remove from traces site.
NIKHITHA
(Student)
(133 Points)
Replied 26 May 2017
Thankyou for your reply.But instead of revised return can we do online correction to aadd the challan?
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 26 May 2017
Add challan means only you are going to adding the challan in return.
But once you file it revised that means you want inform to department that what is the purpose of the new challan paid.
NIKHITHA
(Student)
(133 Points)
Replied 26 May 2017
but will there be any issue if we do not file the revised return?
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 26 May 2017
Demand will be not remove untilll you file the revised return.
Please go through a logic.
Please give me a answer of my below question:-
What will happen if you paid your all income tax but you didn't file the IT return?
Hope you understand what I want to mean.
Register Experts
(CA)
(82 Points)
Replied 26 May 2017
Add challan means only you are going to adding the challan in return. But once you file it revised that means you want inform to department that what is the purpose of the new challan paid.
PRABIR PAUL
(*****Accountant***** Never insult to any person for any kind of lack of knowledge or misread.)
(1443 Points)
Replied 26 May 2017
| Originally posted by : Prolinc Tech | ||
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Add challan means only you are going to adding the challan in return. But once you file it revised that means you want inform to department that what is the purpose of the new challan paid. |
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Mr. Prolinc why you have capied and pase my text????
N. Rajendran
(Manager - Accounting)
(40 Points)
Replied 30 May 2017
CAclubindia
