Default in tds

Save Share

This query is : Open

Ajay Kumar Maheshwari (Querist)

04 February 2012 Hello Dear All,

I have a query regarding TDS Default notices.

A client has received a mail about TDS Default. On downloading the Default file from TIN website, I found that the Department has taken Due date for TDS on Credits/ Provisions made on 31 March as 7 April instead of 31 May & demanded Interest. Now I want to know what should I do & to whom the reply letter has to be written?

Thanks in advance.

CA. Hari Kishan

CA. Hari Kishan (Expert)

04 February 2012 A reply may be made requesting for rectification to the TDS section of the Income tax. They shall make the rectification of the same and revised notice shall be issued.

Message likes : 1 times

Ajay Kumar Maheshwari

Ajay Kumar Maheshwari (Querist)

04 February 2012 Thanks for reply.

Pankaj K Gupta

Pankaj K Gupta (Expert)

05 February 2012 Dear,
You shall have to reply to your jurisdictional Income Tax Authorities.
However on practical note, There is no harm if you sit quite as this problem is rampant and Officers are equally clueless.
Rgds, Pankaj

CA. Satish Kumar Goyal

CA. Satish Kumar Goyal (Expert)

05 February 2012 Dear Ajay,
Check you client's deductor type (Government/ Other)in TAN database in income tax site. If its Government than first of all change this type by filling TAN data correction form and after correction in TAN data file revised/correction statement of TDS with NSDL.

Regards,
Satish Goyal

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now