banner_ad

Short deduction of tds as the employee has paid advance tax

This query is : Open 
Profile Image

Profile Image

(Querist)
14 April 2016 On Traces portal we are showing with a short deduction default. Which is right as per their calculation but the reason for short deduction was due to the advance tax paid by the employee.
Please let me know how to solve this default problem.
Profile Image

kamal p keswani

Profile Image

kamal p keswani (Expert)
15 April 2016 COMPANY WILL HAVE TO DEDUCT TDS AS PER THE SLAB RATE ELSE DEMAND WILL ARISE ON TRACES. EMPLOYEE WILL HAVE TO CLAIM REFUND OF ADVANCE TAX/TDS AFTERWARDS BY FILING HIS RETURN.
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

CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details