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TMI BlogCorrection of overbooked challan when there is an unwanted additional deducteeX X X X Extracts X X X X X X X X Extracts X X X X ..... Hi, We recieved a communication about over-booked challan. Actually, we deducted ₹ 8000 TDS from salary in Jan-18. By mistake, we entered the TDS amount as ₹ 8500/-. And the remaining Rs.500/- was assigned to another deductee who actually did not pay the TDS. It happened so because the other deductee discontinued TDS in Jan-18. By mistake, I entered the previous month TDS details for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Jan-18 also without verifying the BIN amount. So, I have two problems before me. One is to delete the UNWANTED deductee. Of course, I do it by filing a revised return. But how to correct the challan? Which one should I do first? Revised return? or Online Challan correction? And the procedure for correcting the challan also..., please Thanks in advance - Reply By DR.MARIAPPAN GOVINDARAJA ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... N - The Reply = Whether you have paid ₹ 8500/- or ₹ 8000/-? - Reply By Chanakya Simhadri - The Reply = Yes. We paid only 8000. There was only one deductee in that month, actually But we entered the challan amount wrongly as 8500. Also a deductee who did not actually pay any amount that month was wrongly inserted in the deductee list and assigned the remaining ₹500 to him. So ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... , the challan is matched now - Reply By Ganeshan Kalyani - The Reply = This can be rectified online in Traces. - Reply By Chanakya Simhadri - The Reply = Can you please tell me how it can be done - Reply By Chanakya Simhadri - The Reply = We have no digital signature. Take this fact into consideration while showing me a solution. - Reply By Ganeshan Kalyani - The Reply = A facilitation cen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ter can help you out in resolving the error. - Reply By Chanakya Simhadri - The Reply = Can you please tell me how I can do it myself. - Reply By Chanakya Simhadri - The Reply = I help nearly 45 DDOs and prepare their returns free of cost on behalf of ANDHRA PRADESH TEACHER'S FEDERATION, a service organisation. If you can tell me this procedure, I can help them in a better way - Reply By ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... DR.MARIAPPAN GOVINDARAJAN - The Reply = In filing income tax returns especially in TDS I am not having much experience. It is better to contact a Chartered Accountant in this regard. - Correction of overbooked challan when there is an unwanted additional deductee - Query Started By: - Chanakya Simhadri Dated:- 30-8-2018 Income Tax - Got 9 Replies - Income Tax - Discussion Forum - Knowledge ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 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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