Unused Challan value can be used for future quarters/ financial years

Unused Challan value can be used for future quarters/ financial years

Unused tax paid in a challan can be used in the remaining quarters of the current financial year and can also be carried forward to the next year. For Example unused tax payment in Q1 of FY16-17 can be used for payment of TDS for Q2, Q3 and Q4 of FY 16-17 and if required also in FY 17-18 and beyond.

Also unused tax paid in a challan can be used for paying the TDS defaults of previous periods. For example the unused amount paid in Q1 of FY 16-17 can be used for any old pending TDS payment.

Same Payment Challan can be used for TDS under different Sections/ Heads

11 thoughts on “Unused Challan value can be used for future quarters/ financial years

  1. CA Vijay Goyal

    Unconsumed challan can be used maximum for two year since while selecting challans for generating CSI file challan for only two years ( from the date when generating) can be viewed.

    Reply
  2. DEEPAK KUMAR DONTULA

    For how many years can an unconsumed challan, bcoz where we can see uncomsumed challan can be used only for 3 FY.
    For Example, challan pertaining to 17-18 can be used for 16-17, 17-18 and 18-19. These are the only options we get when we are trying to add the unconsumed challan

    Reply
    1. VENVENKAT

      It automatically carried forward to next year. We can view those unclaimed tax challan amount in add new challan under challan correction.

      Reply
  3. Vanapalli Sateesh

    Can we add deductees to the revised return if a challan has unused tax. Please Assist me. CPC Rejected the revised return saying that there are non updatable challans. Please help

    Reply
  4. kinariwala hemant

    Also unused tax paid in a challan can be used for paying the TDS defaults of previous periods. For example the unused amount paid in Q1 of FY 16-17 can be used for any old pending TDS payment.

    what was processdone for useing such challan for previous demand pl guide

    Reply

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