Short deduction of tds

This query is : Resolved

Chandani Gadhia (Querist)
Follow

14 January 2015 My Client is a Pvt Ltd Co.(say ABC Ltd).ABC Ltd has many clients on which it deducts TDS for commission offered to them. One of Clients has produced lower deduction certificate to ABC Ltd., and ABC Ltd has deducted TDS by that rate only., However Commission amt exceeded the amt specified in that certicate and ABC Ltd has continued to deduct tax at rate mentioned in Lower deduction certificate instead of Normal rate for the commission which has exceeded as per certificate.So dept has raised demand on ABC Ltd to the extent of short deduction. Pls advise. Kindly note that Client is not ready to pay ABC Ltd since it has already paid Income tax ( S.A Tax) to IT Dept.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
Follow

14 January 2015 Reply to the demand notice with a certificate from CA that your client has paid full income tax to the Dept.

Rupesh Jain

Rupesh Jain (Expert)
Follow

14 January 2015 you can send the reply for that.
but under the trace it not removed till you not deposit the demand.

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

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Rajat Khandelwal

Choudhary

HITESH NIRANJAN SAHU

Tax Expert Group

N.Chandrasekaran

Subscribe Now

Short deduction of tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Article Assistant

Manager- Finance and Compliance

CA Final

GST CONSULTANT

Accountant