TDS - Date of Challan is Earlier then Date of Payment, Income Tax

[TANGIRALA SUNDARA KUMAR]

I have received one Form16A containing Date of Challan which is earlier then Date of Payment. Is it accepted by Department while filling of IT Return or not. Kindly guide me.

Posts / Replies

[ANAND SHEMBEKAR]

TDS to be paid on payments or amounts credited to the deductees accounts whichever is earlier. In your case if amounts is credited to your account before payments and date of challan is later then Income Tax Dept. will accept it. Otherwise you may pray that payments TDS is made by the deductor to govt. and certificate is issued ,so you are rightly entitled to claim the TDS in your return ANAND SHEMBEKAR CELL NO 9209904370

[Rama Krishana]

Yes, in my view, you are eligible for credit of TDS deducted by the deductor.