Lower Deduction of TDS
This query is : Resolved
Prayag Vaity
(Querist)
18 February 2011
Which option should be selected in the column "Reason for non/ lower / Higher deduction" when there is lower deduction of TDS while preparing TDS return?
Sunil Kr. Sanganeria
(Expert)
18 February 2011
I think you must have deducted lower TDS because recipient has obtained a certificate from his Assessing Officer authorised the payer to deduct tax at a lower rate.
The receipient has also submitted a copy to you on that basis you dedct lower Tax.
Section under which receipient obtained certificate is 197.
Mention certificate obtained u/s 197
The receipient has also submitted a copy to you on that basis you dedct lower Tax.
Section under which receipient obtained certificate is 197.
Mention certificate obtained u/s 197
C.A.Javid Patel
(Expert)
18 February 2011
yes correct you have to mentioned certificate no.
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