Consequences related to non deduction of tds
This query is : Resolved
Sandeep M K
(Querist)
22 June 2018
Please Clarify the below query
one of our client, having a income of fixed deposit interest from syndicate bank, and this income is attracted to TDS. But the bank TDS has not been deducted.
so my question is what would be the consequences if we shown this income while filing of return.
one of our client, having a income of fixed deposit interest from syndicate bank, and this income is attracted to TDS. But the bank TDS has not been deducted.
so my question is what would be the consequences if we shown this income while filing of return.
Nikhil Kaushik
(Expert)
22 June 2018
there is no consequence for you. just pay your tax liability that file the return.
Sandeep M K
(Querist)
23 June 2018
okay thank you sir, But i think non deduction of TDS would affect to Bank right ???
Nikhil Kaushik
(Expert)
23 June 2018
ya. but why bother yourself on this?
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