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Urgent..

geet verma (job) (70 Points)

01 July 2011

HEY PPL I NEED HELP...

MA PROBLEM IS , I HAD MADE THE TDS CHALLAN FOR SECTION 194J ND DEPOSITED BEFORE DUE DATE. I GOT THE CHALLAN FOR THE SAME AS WELL MENTIONING 194J OVER IT. BUT WEN I CHECKED THE STATUS OF CHALLAN ON "OLTAS"..IT WAS SHOWING UNDER 194I (RENT).

HOW CAN WE RECTIFY THE SAME AS DIS WILL REFLECT IN TDS RETURN ALSO ND PARTIES WIL NOT GET CREDIT OF TDS UNDER 194J.

PLZ SUGGEST..!!

THANX & REGARDS,

GEET VERMA

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7 Replies

U S Sharma (glidor@gmail.com) (21063 Points)
Replied 01 July 2011

write to CIT(TDS) for rectification with challan copy, they are authorized to do it.

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saurabh deorah (Chartered Accountant) (134 Points)
Replied 01 July 2011

Generally this type of error is made by bank..If u hv filled the challan form correctly mentioning 194J then just write to bank to rectify the error.

Then after 1 week check it oltas .. you eill find it correctly.. else if you have made payment through net banking then write to CIT to rectify the error with attaching TDS challan and deductee details

Pragnesh (AM - Taxation) (1259 Points)
Replied 01 July 2011

Dear Geet, as you have mentioned that you have filed TDS return. it means transaction is old. now Bank will not do any thing as Bank has already process TDS details to the NSDL. better you co-ordinate with CIT(TDS) department to resolve the matter.

geet verma (job) (70 Points)
Replied 02 July 2011

thanx people..lemme try if bank can rectify it..lest hope for the best

saurabh deorah (Chartered Accountant) (134 Points)
Replied 02 July 2011

ya geet....i m dead sure bank can rectify scuh mistake coz i have been in nsdl office for 3 years in etds section so i know what remedies are available.