94c-1% tds on individual pan & advertisement expenses

This query is : Resolved

AAKASH PATIL (Querist)
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08 August 2013 We have recd. notices reg. short paid of TDS. These vendors are under 94C and 1% TDS has been deducted as individual PAN & Advertisement. Pls. advise us that what code should be written on column "R" [Reason for Non-deduction / Lowerduction, if any Annexure 6)(424)] in TDS return file to avoid TDS notices ?

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 August 2013 Nothing to be written. Since it is not a case of Non Deduction or Lower Deduction. Rate for Individual is 1%. Please check if correct PAN of Individual has been mentioned in the return.

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