30 March 2013
Dear Sir, We filed Form 24Q4 for F.Y 2010-11. In that form an employee is a senior citizen for him the tax deducted at the slab rate after basic exemption of Rs.240000/- but in Form 24Q the 'deductee type" is given as "Others" Instead of "Senior Citizen" the IT Department issued notice for short deduction of TDS. Then we tried revised or Correction statement.
I am facing a problem in the correction, process the system says in Error Code and Description "T-FV -4217 Allowed value is W, S, G or O Please tell us what is the meaning or rectifying procedure the above error.
01 April 2013
First, wishes for the new F.Y.2013-14. @sreevisalam. Here the values W means Women, S= Senior citizen, G=Grant senior citizen and O= Others. So you have to choose only S (S= Senior citizen) in correction ETDS return. Then only it will accept the correction return.
CAclubindia
