Consequences of excess deduction of tds by deductor
This query is : Resolved
23 May 2018
Hi, I'm a professional liable to deduct tax u/s 194J. I have been deducting tds @ 20%.
I'd like to know what are the consequences if there are any for deduction at higher rate than prescribed.
Thank you.
I'd like to know what are the consequences if there are any for deduction at higher rate than prescribed.
Thank you.
23 May 2018
No consequences unless objected by deductee.
23 May 2018
@ CA R SEETHARAMAN
Thank you, Sir.
Thank you, Sir.
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