Deducation of tds 1% instead of 2%
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
19 June 2015
We have provide C&F services and our PAN No no on firm.Our client wrongly up-dated individual PAN and recovered 1% we have already informed lot of time but till our service receiver deducted TDS 1% instead of 2%.
In above situation what action we have taken.Pl. inform.
Thanks & Regards,
L.D.Dharmadhikari
In above situation what action we have taken.Pl. inform.
Thanks & Regards,
L.D.Dharmadhikari
19 June 2015
Hello, to be on the safer side, keep all the communications of informing the deductor about the PAN details in writing. If the deductor deducts a wrong amount then he is the defaulter. You can be safe by paying correct advance tax and self assessment tax.
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