Penalty chargeable on Challan Mismatch in case of TDS return
274 views
Skip to first unread message
RISHAB JALAN
Jan 31, 2014, 11:57:09 PM1/31/14
to Google Groups, group exchange, Sonu Jain, NM00
Dear Friends,
TDS CPC has charged a assessee towards short payment. It says that in case of challan mismatch with the TDS return the entire payment by that challan is treated as short payment.CA Rishab Jalan
Kirti Tulsyan
Feb 3, 2014, 12:42:39 AM2/3/14
to forum4ca
CA Rishab Jalan
REPLY 1
You have to file appeal against the demand of TDS CPC.
JNGupta
9331022920
REPLY 2
Dear Rishab
Your querry is not clear. Whether you have verified the challan details from the TDSCPC, if challan is mismatch, you have to file revise return. Interestingly, now a days the TDS CPC is sending the demands even for those which have already been matched, certificates generated without any error and I have also faced the same problem. Downlod the FVU file, justification file, go to the concerned ITO/TDS ask for the demand outstanding for that relevant qtr and send to cont...@tdscpc.gov.in enclosing FVU, Justification, Demand Notice from Traces and Demand Notice from ITO.
CA Kamal
REPLY 3
Rectify the return and on rectification the entire interest charged will be reversed on this account
Sent from my Sony Xperia™ smartphone
Sent from my Sony Xperia™ smartphone
P K MUNDRA
REPLY 4
dear friend,
-- just download the consolidated file and try to rectify the challan that shows mismatch and again file the corretion return ,and no demand will be raised again
Best Regards,
Kirti Tulsyan
B.Com.,ACA,CS
P.D.Rungta & Co.
Chartered Accountants
Board : +91 33 3028 2500 / 1
Direct Line : +91 33 3028 2505
Cell : +91 9830174619
Kirti Tulsyan
B.Com.,ACA,CS
P.D.Rungta & Co.
Chartered Accountants
Board : +91 33 3028 2500 / 1
Direct Line : +91 33 3028 2505
Cell : +91 9830174619
email: caktu...@gmail.com
Head Office:
21, Hement Basu Sarani, 3rd Floor , Room .No.317
Kolkata-700 001,West Bengal, India
Branches :
Bhagalpur | Khatima | Mumbai | Ahemdabad | Bangalore | Delhi
Homepage : http://www.pdrungta.co.in/
“Save Paper! Save Trees! Before printing, Think about the environment”
A Candle loses nothing by lighting another candle" --- eServe
Head Office:
21, Hement Basu Sarani, 3rd Floor , Room .No.317
Kolkata-700 001,West Bengal, India
Branches :
Bhagalpur | Khatima | Mumbai | Ahemdabad | Bangalore | Delhi
Homepage : http://www.pdrungta.co.in/
“Save Paper! Save Trees! Before printing, Think about the environment”
A Candle loses nothing by lighting another candle" --- eServe
MONEY MANAGERS
Feb 3, 2014, 3:11:34 AM2/3/14
to foru...@googlegroups.com
Dear Rishabh
A lot of strange things relating to 'applicability' are taking places at TDS CPC.
In this case, you can go for correction return to try and eliminate the short payment amount.
Whether TDS CPC will do so is to be seen because in my case, original return was filed with incorrect PAN of 1 deductee, which was duly raised under short payment by CPC as 20% had to be deducted (because of incorrect PAN)
I filed rectification return and corrected the PAN. CPC has changed the PAN in records but still showing the deduction to be made @ 20%. They have reasoned that as per instructions recd. by them, PAN Corrections of more than 2 alphabets (which was my case) or more than 2 numericals will not be allowed and the original demand will stand and has to be paid!!!!
Rgds
CA.Dinesh K Agarwal
This message is eligible for Automatic Cleanup! (Can anyone throw some light on the basis of this chargeability?Dear Friends,TDS CPC has charged a assessee towards short payment. It says that in case of challan mismatch with the TDS return the entire payment by that challan is treated as short payment.
CA Rishab Jalan
--
forum4ca is a Google Group of eServe online for the benefit of CA and other professionals. It is especially meant for written discussion & circulate information within group members. The mail may contain such research/advice/opinion/information/fact provided by any member and are subject to the accuracy and of the description of facts.The forum4ca, do not claim that contains in mail/information obtained after reading as a complete and accurate disclosure of relevant facts. Further this Group’s Owner/Moderator/Member are not liable for any damages or costs suffered due to action/transaction based on information on this Group.
To join and/or to post to this group send email: foru...@googlegroups.com
To unsubscribe from this group, send email to:forum4ca+u...@googlegroups.com
For more options, visit this group at:http://groups.google.co.in/group/forum4ca or www.eserveonline.net
---
You received this message because you are subscribed to the Google Groups "forum4ca" group.
To unsubscribe from this group and stop receiving emails from it, send an email to forum4ca+u...@googlegroups.com.
For more options, visit https://groups.google.com/groups/opt_out.
amit bhayani
Feb 4, 2014, 12:30:12 PM2/4/14
to foru...@googlegroups.com, Google Groups, Sonu Jain, NM00
Dear Friends,
This is so as returns are being matched with OLTAS. In this case returns are required to be revised so that the same can be matched automatically.
Regards,
Amit Kumar Bhayani
+7836908685
This is so as returns are being matched with OLTAS. In this case returns are required to be revised so that the same can be matched automatically.
Regards,
Amit Kumar Bhayani
+7836908685
amitabha debroy
Feb 5, 2014, 1:50:22 AM2/5/14
to foru...@googlegroups.com
Dear Friend,
Whether CPC is helping the corporates or else? As they are giving scopes to revise the return but chargeability is not removed. Again they are allowing us to late submission without late fee but imposing 234E as well as 220 which is very much contradictory. There are many things happening at TDS CPC which are really having no logic.
If anything wrong in my thinking, please write or share this with others.
A Debroy
On Tue, 04 Feb 2014 12:34:45 +0530 wrote
>Dear Rishabh
A lot of strange things relating to 'applicability' are taking places at TDS CPC.
In this case, you can go for correction return to try and eliminate the short payment amount.
Whether TDS CPC will do so is to be seen because in my case, original return was filed with incorrect PAN of 1 deductee, which was duly raised under short payment by CPC as 20% had to be deducted (because of incorrect PAN)
I filed rectification return and corrected the PAN. CPC has changed the PAN in records but still showing the deduction to be made @ 20%. They have reasoned that as per instructions recd. by them, PAN Corrections of more than 2 alphabets (which was my case) or more than 2 numericals will not be allowed and the original demand will stand and has to be paid!!!!
RgdsCA.Dinesh K Agarwal+91-9748780534
Whether CPC is helping the corporates or else? As they are giving scopes to revise the return but chargeability is not removed. Again they are allowing us to late submission without late fee but imposing 234E as well as 220 which is very much contradictory. There are many things happening at TDS CPC which are really having no logic.
If anything wrong in my thinking, please write or share this with others.
A Debroy
On Tue, 04 Feb 2014 12:34:45 +0530 wrote
>Dear Rishabh
A lot of strange things relating to 'applicability' are taking places at TDS CPC.
In this case, you can go for correction return to try and eliminate the short payment amount.
Whether TDS CPC will do so is to be seen because in my case, original return was filed with incorrect PAN of 1 deductee, which was duly raised under short payment by CPC as 20% had to be deducted (because of incorrect PAN)
I filed rectification return and corrected the PAN. CPC has changed the PAN in records but still showing the deduction to be made @ 20%. They have reasoned that as per instructions recd. by them, PAN Corrections of more than 2 alphabets (which was my case) or more than 2 numericals will not be allowed and the original demand will stand and has to be paid!!!!
RgdsCA.Dinesh K Agarwal+91-9748780534
 |
Get your own FREE website, FREE domain & FREE mobile app with Company email. | Know More > |
Reply all
Reply to author
Forward
0 new messages