TDS deposited in wrong head u/s 192 instead of u/s 194J

[S G]

We have deposited TDS for the month of March for section 192 in the section 194J. Waht is the procedure now. CAn we adjust it .

[Surender Gupta]

The provisions of statute are salient on this issue. I think, you should submit an intimation to the assessing officer (TDS) regarding the fact and adjust the same as it should be.

AI Summary

TDS misclassification: notify the assessing officer (TDS) and seek adjustment to reflect the correct deduction head. The payer deposited tax under an incorrect withholding head and should inform the TDS assessing officer of the misclassification and request that the deposited amount be adjusted to the correct withholding head, so the tax is reallocated in the payer's accounts under the appropriate deduction category.