Friday, October 14, 2011

Reason for rejection of ETDS correction return & remedial action-Part-2


By on 8:35 PM

Unlike regular (original) returns ,Correction /Revised returns are frequently rejected by the TIN NSDL .TIN-NSDL has recommended to download consolidated fvu file before filing 2nd time correction return. The reasons for rejection are various ,but as these are system generated rejections so it can easily be understood by going through the various rules for rejection ,a little care will help us to avoid revision of etds return again and again for same reason/correction.We will send you various reason(42mainly) and remedial action to correct such return in a series of posts.

In this post topics are


Error description
Correction cannot be made as deductee for which updation/deletion is required has been already cancelled by Correction statement.
Explanation
Record from the original statement for which correction is being made has already been deleted, hence correction cannot be applied
Course of action
Deductor should ensure that the record being updated vide correction statement is present in the TIN central system and not deleted vide earlier correction
2

Error description
Correction cannot be made as statement has been cancelled
Explanation
Original statement for which correction has been filed has already been cancelled, hence correction cannot be applied
Course of action
Deductor should ensure that the regular statement on which correction statement is filed is present in the TIN central system and not deleted/cancelled vide earlier correction. Deductor should check the status of the regular statement filed before filing any correction statement
3

Error description
Correction in Salary details is not applicable, as corresponding salary detail record is cancelled by filing correction statement filed earlier.
Explanation
Record from the original statement for which correction is being made has already been deleted, hence correction cannot be applied
Course of action
Deductor should ensure that the record being updated vide correction statement is present in the TIN central system and not deleted vide earlier correction

4

Error description
Date of Transfer Voucher/ Bank Challan cannot be updated as payment details mentioned in previous statement (Regular/Correction) has matched with details provided by Bank.
Explanation
Challan details from the TDS statement is verified with the corresponding payment information provided by the bank. If these details match then the status of challan is updated as 'Booked' and the tax credit is provided to the corresponding deductees with valid PAN. Once the status of challan is 'Booked' no corrections in the challan details are allowed
Course of action
Deductor should check the status of challan in the TDS statement filed at Quarterly statement status view on the TIN website before preparation of correction statement. If the status of challans is Booked then do not file any correction statement for updating the details of such challan

About Syed Faizan Ali

Faizan is a 17 year old young guy who is blessed with the art of Blogging,He love to Blog day in and day out,He is a Website Designer and a Certified Graphics Designer.

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