In my institution in some of employees 16 A form is showing O overbooked status due to double filling of same tax deduction data for jan 2017. that is tax deducted and deposited in jan 2017 once but by mistake that amount of tax is filled in TDS return filled for Quater oct-dec 2016 as well as in TDS return of Jan-March 2017 quater. Now notice from income tax departement ha been recieved , ime of 7 days has also been elapsed and 16 a form are collected from CA who filled it.
PLEASE SUGGEST WHAT CAN BE DONE NOW TO RECTIFY THIS MATTER , ALSO TELL ME WHAT WILL BE PENALTY FOR IT
CAclubindia
