recd intimation re TDS nullification /error for our past filings

[Anish Bajaj]

Note for Forum

We have recd intimation re TDS nullification /error for our past filings.
The problem is:

We have wrongly deducted and paid a short amount of TDS for our vendor in a previous year; Now this difference amount needs to be paid.

Do we need to file a revised return for that year? Is there a limit to how far back TDS return can be revised?

Also, the Vendor will now receive an extra TDS credit for a previous year (assuming he filed his return on the earlier TDS dedcuted basis); How can the vendor CLAIM THIS BENEFIT in his IT returns;

IS THERE AN ALTERNATE WAY TO DEAL WITH SUCH A NULLIFICATION?

AI Summary

Query on Revising TDS Filings for Past Errors: Time Limits and Vendor Credit Claims Explained. An individual raised a query regarding an error in Tax Deducted at Source (TDS) filings, where a short amount was deducted and paid for a vendor in a previous year. They are seeking advice on whether a revised return should be filed and if there is a time limit for such revisions. Additionally, they are concerned about how the vendor can claim the extra TDS credit in their income tax returns. A respondent suggested that the TDS return could be revised before the last date of filing the income tax return but advised verifying this information.