tag:blogger.com,1999:blog-2004257931445490362.post6149864760692457000..comments2024-03-26T15:10:46.095+05:30Comments on SIMPLE TAX INDIA: TDS Deposited in wrong Section-How To correct.RAJ KUMARIhttp://www.blogger.com/profile/12854260124513086419noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-2004257931445490362.post-12006801553014073282022-02-24T15:17:28.503+05:302022-02-24T15:17:28.503+05:30Correction is not required now , At the time of fi...Correction is not required now , At the time of filing of return you can select correct section in deductee details RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-64979457701266193692022-02-24T12:16:52.475+05:302022-02-24T12:16:52.475+05:30Dear Sir/Ma'am,
I have wrongly deposited TDS ...Dear Sir/Ma'am,<br /><br />I have wrongly deposited TDS under section 194C instead of Section 194IA, How can I rectify this error.<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-65841176428104813532021-02-03T22:14:05.838+05:302021-02-03T22:14:05.838+05:30Ask School to rectify the return only then only co...Ask School to rectify the return only then only correct data will be shown onlineRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-84321010765880846382021-02-03T22:07:18.896+05:302021-02-03T22:07:18.896+05:30Dear Sir/Madam
I have sold an immovable property ...Dear Sir/Madam<br /><br />I have sold an immovable property to a School in FY16-17. While deducting tds the school authority got the tds deducted under Sec194i(a) instead of deducting under Sec194IA. Now the income tax dept is considering that the tds to be deducted under 194IA has not been deducted and demanding for payment of Rs. 1900000. I have tried to submit my response through income tax Anonymoushttps://www.blogger.com/profile/05275056454501129928noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-13636690226647429122019-06-15T08:47:46.575+05:302019-06-15T08:47:46.575+05:30No need to change section code ,you can use amount...No need to change section code ,you can use amount inter section ,assume that you have filed correct section while depositing the amount and file the return as usual .In deductee details select correct section 194I ,your return will be acceptedRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-47523985523244964612019-06-12T14:29:34.430+05:302019-06-12T14:29:34.430+05:30hi sir how to change section code 192B instead of...hi sir how to change section code 192B instead of 194I ? What is the procedure? Explain please.Gnaneswarihttps://www.blogger.com/profile/12886621537219585085noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-45287435283938043262019-06-12T14:28:31.690+05:302019-06-12T14:28:31.690+05:30how to change section code 192B instead of 194I ? ...how to change section code 192B instead of 194I ? What is the procedure? Explain please.<br />Gnaneswarihttps://www.blogger.com/profile/12886621537219585085noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-33407664933231678772019-03-26T06:18:38.844+05:302019-03-26T06:18:38.844+05:30YOU HAVE TO CONTACT your tds assessing officer to ...YOU HAVE TO CONTACT your tds assessing officer to mak the necessary corrections RAJ KUMARIhttps://www.blogger.com/profile/12265611544966294090noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-3325386459710325162019-03-25T19:47:12.282+05:302019-03-25T19:47:12.282+05:30Hi Sir, I was paying TDS for the purchase of prope...Hi Sir, I was paying TDS for the purchase of property under form 26qb. I filled all the details and got the acknowledgement number as well. However when I was on the payment page the session got expired and I had to reload the page. After I reload the page by mistake I clicked on Payment of Demand (TDS on Sale of Property) and entered the ACK number along with PAN details and made the payment. I ANIRUDH SHAHnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-7065871270165715882019-01-15T07:42:38.883+05:302019-01-15T07:42:38.883+05:30You can apply refund online at TDSCPC website by l...You can apply refund online at TDSCPC website by logging in through you TAN and Password.<br /><br />However you may use this excess money in other section tds in next month or next year as refund may take time.RAJ KUMARIhttps://www.blogger.com/profile/12265611544966294090noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-22229829310680201992019-01-08T11:17:21.046+05:302019-01-08T11:17:21.046+05:30Our organisation has depsotied excess amount under...Our organisation has depsotied excess amount under 92A through online. How to get the refund into our accountAnonymoushttps://www.blogger.com/profile/16258717351145827691noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-1300439349390799152018-10-07T10:49:59.262+05:302018-10-07T10:49:59.262+05:30You may request deductor to file correction tds re...You may request deductor to file correction tds return , in the meanwhile do not claim the TDS credit in your return so that no mismatch arises when correction is done by the deductor RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-50013790416166712712018-10-02T12:27:29.155+05:302018-10-02T12:27:29.155+05:30Hello Sir/Mam,
We are a private limited company. ...Hello Sir/Mam,<br /><br />We are a private limited company. On examination of our Form 26AS we found out that there are few additional TDS entries made by the service recipient company. What should be done now as the date of filing ITR is fast approaching.<br />Thanks<br />Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-71340722798798298832018-03-15T07:22:39.877+05:302018-03-15T07:22:39.877+05:30Your query is not clear as you have not mentioned ...Your query is not clear as you have not mentioned under which category tds has been shown in form 26AS. However if any correction is required then it can be done only through deductor.<br /><br />Regarding return filing ,TDS is taken as advance deposit of tax and not matched with Income shown at the time of filing , so in our view ,even if tds is shown in incorrect heading yet there should no RAJ KUMARIhttps://www.blogger.com/profile/12265611544966294090noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-40194614426086718682018-03-14T19:01:33.180+05:302018-03-14T19:01:33.180+05:30Dear Sir,
I recently sold a property as an NRI, a...Dear Sir,<br /><br />I recently sold a property as an NRI, and the buyer has wrongly deducted TDS at 20% under TDS at Source heading ( can see the same in Form 26AS under this heading) instead of deducting TDS under TDS for immoveable property. Now when I am filing ITR returns, it says it is not correct as my ITR returns have filed these CG from sale of property under TDS for immoveable property.sutirthahttps://www.blogger.com/profile/14744341436345496885noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-11297787755048366832016-04-29T19:52:26.589+05:302016-04-29T19:52:26.589+05:30Dear Sushant ,
Rules has been changed now ,now yo...Dear Sushant ,<br /><br />Rules has been changed now ,now you can use same challan for any section.<br />As per return format now section code is to be filed in deductee detail not in challan detail .<br />So need to worry ,file return as usual.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-41652781018571116412016-04-28T14:04:45.461+05:302016-04-28T14:04:45.461+05:30Sir, i remitted an amount of Rs 795025 under the s...Sir, i remitted an amount of Rs 795025 under the section 94a but actually out of this 795025, 2498 were supposed to be remiited under 94J head. Also, while filing return for 26 q and 27q, i will be needing 2 challans but I just have one challan with whole amount. How to rectify this?Anonymoushttps://www.blogger.com/profile/10455379931674383712noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-62056504769307863672016-03-04T16:32:58.009+05:302016-03-04T16:32:58.009+05:30Pay balance amount nowPay balance amount nowRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-80305447714221296742016-03-04T14:37:32.279+05:302016-03-04T14:37:32.279+05:30Hello sir,
While i was paying TDS for property, i...Hello sir,<br /><br />While i was paying TDS for property, i was suppose to pay 1% which is 2,307 but by mistake i paid only 2,121 which is some Rs. 185 less. Now how do I rectify it?<br /><br />Best regards,<br />PrithviAnonymoushttps://www.blogger.com/profile/14079765975004844997noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-30994168870438084982015-07-12T20:27:27.578+05:302015-07-12T20:27:27.578+05:30You should revise your return by filing revised re...You should revise your return by filing revised return .Further you can not use rectification facility before getting processing notice.RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-68976621900657226912015-07-12T13:48:46.176+05:302015-07-12T13:48:46.176+05:30Sir, my income from my first employer was 1,70,000...Sir, my income from my first employer was 1,70,000. So I thought it is non taxable. My total income for year 2013-14 was Rs.3,26,506 (1,70,00 from first employer and remaining from second employer. Second employed did not deduct TDS). So while filling ITR-1 form I entered TDS as Rs. 0 and self assessment tax as Rs 14000 (11000+3000interest) on 5 July 2015. I just saw form 26As on traces website Dr J Prasad, MBBS, DCH, C.Diabetes (Fortis hospital)https://www.blogger.com/profile/08471033063680658404noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-77456388691377169012015-03-05T15:56:04.171+05:302015-03-05T15:56:04.171+05:30Generally ,people check the 26AS credit at the tim...Generally ,people check the 26AS credit at the time of filing of Income tax return.Returns for this period is yet to be finalised ,so we think you should not fall in to the problem by claiming tax credit wrongly.Further you should again check the deductor details from 26As and income tax website and confirm your self that this amount does not pertains to you ?<br /> RAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-15849826650473877902015-03-05T15:49:40.650+05:302015-03-05T15:49:40.650+05:30sir, this amount is in my account since last may. ...sir, this amount is in my account since last may. I don't think they'll realise anytime soon. If it would have been then would have been by now. don't you think so?Viral Patelhttps://www.blogger.com/profile/04893164708702744189noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-30376120415747594922015-03-05T15:43:37.471+05:302015-03-05T15:43:37.471+05:30First of you should confirm your self that these a...First of you should confirm your self that these amount does not relates to you. Means what ever the amount deducted by your employer is shown in the 26AS and the said amount is in addition to your actual deduction .<br /><br />Secondly ,you should not use this amount in your tax liability because when actual deductor/deductee realise the mistake ,which going o happen later or sooner,then he willRAJ KUMARIhttps://www.blogger.com/profile/12854260124513086419noreply@blogger.comtag:blogger.com,1999:blog-2004257931445490362.post-23718944350087702312015-03-05T12:32:24.851+05:302015-03-05T12:32:24.851+05:30Very good article. Very important question/query i...Very good article. Very important question/query i have.<br /><br />Some company have wrongly deposited around 25k TDS u/s 194j in my PAN number account and i can see it in my form 26AS. I am salaried person. What should i do? Shall i use that TDS as my tax liability and i should pay only remaining amount of my tax liability after deducting 25k?<br /><br />Expecting response.<br /><br />Thanks<brViral Patelhttps://www.blogger.com/profile/04893164708702744189noreply@blogger.com