TMI BlogWRONG SECTION REFLECTED IN CHALLAN 281X X X X Extracts X X X X X X X X Extracts X X X X ..... Dear Sir, In Q2 last Financial year, TDS was recovered from a vendor against a bill of ₹ 8,00,000 @ ₹ 1% instead of ₹ 2% ( 194 C ). After filing of TDS returns @ 1%, a short fa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll of ₹ 8000 along with ₹ 250 as interest was raised by IT Department. The same was paid by raising Challan 281 and was added through correction request in TRACES. How ever on submissio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... n of revised return again a demand of ₹ 32000 with interest was raised by IT Department. After going through Justification report it was revealed that the Section was mentioned as 194 A instea ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... d of 194 C. On Log In with TRACES it was revealed that the particular penalty challan has been booked under section 194 A instead of Section 194 C. Can such fault be rectified on line. If ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... yes what would be the procedure and if not what is the alternative way. - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Please see the website http://economictimes.indiatimes.com/wealth/tax/traces- ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... know-all-about-online-rectification-of-tds-return/articleshow/47745633.cms - WRONG SECTION REFLECTED IN CHALLAN 281 - Query Started By: - sa Amr Dated:- 26-7-2017 Other Topics - Got 1 Reply - Indian ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Laws - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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