our client (proprietory concerned ) has received notice from ITO for 1) short deduction of TDS for sec.194C,194I (i.e 0.58% instead of 1.03%), 2 ) Miss match of challan as per OLTAS because we have split the challan amount (i.e.total challan amt.10000/-, Q1-5000/- & Q2-5000/-)also 3) Interest is payable for late payment of TDS, but client has deposited whichever tds amount is deducted
For giving reply to ITO what is to be enclosed & also give the format for letter.
31 January 2011
just write a letter and explain in short about the issue and your reply. Where ever you are saying you are correct you better give copy of documents with the letter and submit to them
CAclubindia
