Advisory to deductors making TDS payment through multiple challans in a month
As we all are aware that, many times deductors used to pay TDS through multiple challans because of different section under which TDS deducted or the year of two payments are different or there are different deductees. This multiple payment challan is really tedious process. Hence for Deductor’s convenience, CPC(TDS) has established processing logic in the system that can accept a Single Challan for reporting of Tax Deposited in following circumstances :
1. Payment of Tax Deducted under different sections of the Income Tax Act, 1961:
The CPC(TDS) system gives credit of TDS against different sections of the Act, even though a specific section has been quoted in the challan.
Example: The challan used for payment of TDS relevant to Section 192 of the Act can also be used for the purpose of reporting tax deposited under Section 194 of the Act also.
2. Payment of Tax Deducted for different Assessment Years:
In case tax has been deposited more than the required tax deducted at source for a particular Assessment Year, the excess amount of tax can be claimed in the following quarters of the relevant year. The balance amount if any, can be carried forward to the next year for claim in the TDS statement.
Example: If excess payment of Tax has been made in Quarter 1 of financial year 2013-14, the same can be used for Quarter 2,3&4 of F.Y. 2013-14 as well as for Q1 to Q4 of F.Y.2014-15. The excess amount of tax paid in Q1 of F.Y.2013-14 can also be used for payment of tax default of Q1 to Q4 of F.Y.2012-13.
3. Different challans used for the purpose of reporting multiple Deductees associated with different branches with same TAN:
The deductor may have used multiple challans for reporting multiple deductees associated with different branches, in the TDS Statement.
A single challan can be used for the purpose of reporting Tax Deducted for such deductees.
Example: If a Bank has multiple branches with same TAN, payment of Tax Deducted can be made by a single challan and all the deductees can be tagged using the same.
Based on the above information, you may use a single challan in a month towards payment of Tax Deposited.
Related Post / Analysis – Use of single TDS challan for all purposes-Analysis
Republished with Amendments
Sir We had deducted TDS amount U/s. 195 but while making payment we have made the entire amount in Sec 194A can we use this challan to both the section and file the TDS return . Please let us know how to do it.
I have made a TDS payment under the section 192A instead of 194A, wt to do now
one party Excess TDS Deposited actual tds 1500 tds deposited 1604 in may , Now i can adjusted same party tds 104 less in june .
Sir, I Have paid Challan 192A instead of 192B please advise ,how to rectify
We wrongly paid TDS in one challan but section is different i.e. Rent for Building 10% & rent for equiptment 2%
Now return file shows mismatch challan
please help to sovle the problem.
Dear Sir,
We have Two different entity and paid TDS through one entity and mentioned TAN other Entity under 92B for Feb-21. Can we use that challan for correct entity. pls guide me
Dear Sir,
Last Month has we paid challan 92B TDS Payment . Basic value amount put in surcharges column .kindly explain how to correct
I have a TDS Challan of FY 2020-21 with unutilized balance, Can I utilize it against TDS Notice raised in FY 2019-20 for Q1?
I have a TDS challan with AY 2021-22, Can I use it for A.Y. 2020-21. Please suggest
In AY 2018-19 erroneously we had given WHT credit to the vendor. The original payment got cancel & the vendor also claims that he never used the WHT reflected in FORM16 & the same can be reversed. Can we revised the return for AY 2018-19 QTR2 & use the open challan with the current FY 2020-21 tax payment.
I just paid TDS under section 194 and 94H. can i get a refund for paying TDS under sec 194 wrongly
Dear sir,
I have made a short tds payment for tds on rent. Actually we make a lower deduction for tds on rent as there is lower deduction certificate . But the certificate validity is expired. Without knowing i have deducted as 2%. now i got a notice for making the balance payment of tds . So i have to make the payment & file the revised return. So my doubt is since the 2% of tds is deducted & filed how can we link this while filing the revised return for the balance 8%
i have paid excess tds (doubled amount) u/s 192b for f.y.2019-20 on 7-4-2020. we can in return show balance q-4 & can use for f.y.2020-21 q-1.
Sir,
We have deducted & paid TDS u/s 195 under DTAA. While deducting the TDS we calculate tds amount on the gross value instead of bill amount. so that excess tds amount deducted & paid u/s 195. can we adjust the excess tds under other head of tds & what is the procedure.
If My total tds payble is 200 (94C 100.00 & 94 D 100).
is it possible I paid the tds in one challan 200.00 on sec 94c & sec segregration at the time of tds return.
if possible please provide me the notification
Can anybody please help me for Any Circular or Notification No. for TDS Payment in single Challan
if we deposit a challan in f.y 2013-14 excess how many years i use this challan excess amount
If challan paid under 194j can be adjusted to file under 192?
one challan deposited in late filling fee and interest for hole the 4 quarters how can i adjusted in diffrent qtrs
Dear Sir,
My last quarter TDS has been deducted in this current FY. So can I have to file return separately.
Please advice how can i claim my both returns.
Dear Sir,
in tds return Q2 i have left to take challan,please tell what can i do?
we have paid challan as under.
dt of pymt 25.9.15 a.y. 2015-16 nature of pymt 94i
we have not showed this challan in financial year 14-15 quarter end.
because of some advisory service issue the transaction being cancelled therefore it is excess.
please advise can we claim this challan in financial year 2015-16 under 92b
regards
chandrakant sakpal
While effecting TDS payment for 2012-13 short payment was made by 1%, ie paid @1% instead of @ 2%. Now it has to be paid and rectified in this financial year. Once it is paid and rectified simultaneously it will be credited to their account. I would like to know whether this amount will be reflected and considered for this FY as TDS in hand while finalizing the IT for this FY.
Whether TDS challan paid in 1st quarter but not included in return can be claimed in Q2 filling?
TDS for F.Y. 2014-15 of Q2, Q3 & Q4 is deducted and paid in one single challan so is the amount of challan can be carried forward in the next Quarters i.e. challan details entered under Q2 and excess amount carried forward to Q3 & Q4 of F.Y. 2014-15 ?
I have paid tds of Rs.1800000 instead of Rs 18000 in q4 for pmt of q3 can i refund excess tds pmt
please provide detail for procedure of refund excess amt.
No. Above provision is applicable for challan paid on or after 01.04.2013.
Can the excess amount of TDS paid be used for payment of TAX default of previous years?
can i get tds credit from last year to current year? Is it possible????
Dear Sir,
Please tell me the due date for march salary tds payment .
DEAR SIR,
PLEASE TELL ME THE TDS PAYMENT DUE DATE FOR MARCH SALARY 15.
Dear Sir,
We paid Late filing in TDS related to various year from 2007-08 to 2013-14 in single challan on 28/08/2014 selecting Assessment Year As 2015-16. How to rectify the same.
What about TDS payment made under Minor head 400 instead of 200?
Thank you
What about excess TDS paid for Financial Year 2012-13???
TDS Challan-cum-Form No.16A should be introduce
Thanks for information.
But sir as per NSDL released FVU version 3.8 effective July 1,2013 towards TDS Return, challan amount deposited can be allocated to deductees belonging to different section codes. The only restriction being those sections must be valid for that particular form. Hence a section code pertaining to Form 27Q cannot be mentioned in Form 26Q.
Pls help whether amount deposited u/s 192B can be adjusted against 194J?
Regards,
Ghanshyam
Dear Sir,
Is the “Type of Deductee” (Company/Non Company) bifurcation important?
Sir,
We are purchasing raw materiel ,thr indian rail, by container of proivate logistics. let us confirm whether tds will be deducted on the freight charged by them .They are also charging service tax in freight . If tds to be deducted on freight then on which amount we should deduct -on freight or total mat with service tax.
Please advise us.
Thanking You
With Regards
P.K Sharma
Dear sir,
Can we consume challan deposited in 13-14 beyond 12-13 i.e. for 11-12; 10-11; 09-10…etc….my logic is it should be…as the data we upload is processed NOW…