If there is any error in TDS / TCS return or in the challan detail uploaded by bank, for rectifying this, original credit entry will be reversed by debit entry in Form 26AS and a new credit entry will be posted (if required). Remarks column will be updated with the appropriate reason.
Latest posts by Praveen Gupta (see all)
- CONVERSION OF LOAN INTO SHARE CAPITAL & RIGHT ISSUE ARE PRACTICAL WAYS TO RAISE CAPITAL FOR SME - July 14, 2015
- How to e-file return using EVC without sending signed copy of ITR-V? - July 14, 2015
- Mistake of applying concessional tax rate on long-term cap gain in revised return doesn’t call for penalty - July 14, 2015