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Type of payment

Dilip Kumar (Accountant) (28 Points)

17 April 2012

Dear Sirs,

In previous quarters we deducted TDS from Professional services but by mistake we mentioned code 94 C for this TDS payment in TDS form 281 and TDS return. Now we are in last quarter. Can we file a correction TDS statement to carry out this mistake.

Please advise what we should do? Thanks in advance for your help.

Thanks and regards

Dilip Kumar

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2 Replies

DIBYENDU (SERVICE) (266 Points)
Replied 17 April 2012

At first you must contract your depositing bank or your A.O. ( if you deposited Tax by on line mode) to rectify the Nature of payment Code mistake (i.e. 94C in place of 19J) under Challan Correction Mechanisam System . Your application must be submitted within 3manths from the date of submission of Challan 281. then file correction statement of respective quarter marked C2 (i.e correction in challan details)