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This query is : Resolved 
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(Querist)
12 December 2014 Sir, We have paid two bills to the party on Apr, May 2010 for Rs.30052/- & Rs.144910/- and deducted TDS of 10.3% for the said amount. Now, we received a notice from IT Dept, in which they quoted that 20% to be deducted from the party. Is it corect ? PLEASE HELP
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 December 2014 Incase your deductee not having PAN number then 20% rate will apply. so check the PAN valid of the deductee
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
12 December 2014 Please check whether PAN quoted by you is valid or not. If the PAN is bot valid then department will raise demand calculated @20%. So you nullify the demand by revising your return and quoting correct PAN
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