Deducation of tds 1% instead of 2%

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

19 June 2015 We have provide C&F services and our PAN No no on firm.Our client wrongly up-dated individual PAN and recovered 1% we have already informed lot of time but till our service receiver deducted TDS 1% instead of 2%.

In above situation what action we have taken.Pl. inform.

Thanks & Regards,
L.D.Dharmadhikari

B.COM, ACA, DISA Namrata

B.COM, ACA, DISA Namrata (Expert)
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19 June 2015 Hello, to be on the safer side, keep all the communications of informing the deductor about the PAN details in writing. If the deductor deducts a wrong amount then he is the defaulter. You can be safe by paying correct advance tax and self assessment tax.