Short deduction of tds u/s200a
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
24 June 2013
Sir
we have got notice for short deduction of tds u/s200A.One of our client(PR) have given us certificate for lower deduction Limit specified 200000/- but by mistake we have made payment 206000/- during the year to client for which we got notice for short deduction.
in above case can we revise the return & recover it from client or we just pay the amt & give reply to Income tax payment made ?
we have got notice for short deduction of tds u/s200A.One of our client(PR) have given us certificate for lower deduction Limit specified 200000/- but by mistake we have made payment 206000/- during the year to client for which we got notice for short deduction.
in above case can we revise the return & recover it from client or we just pay the amt & give reply to Income tax payment made ?
24 June 2013
In this case , right approach is to pay to the Income Tax Departmetn additonal amount and recover from the client.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR-1A How to update Invoice
- Excess salary payment.
- Stamp Paper for partnership firm change new income tax 2025
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Capital gain from sale of house property
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- TDS on Purchase of Immovable Property by NRI from NRI
- Regarding TDS Applicability For Director Remuneration
- FORM 26A APPLICABILITY
- SFT Cash Deposit in Current Account
- TDS APPLICABILITY......
- Copyright software
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
- No Compliences after incorporation
- USEFUL LIFE OF USED/SECOND HAND COMMERCIAL VEHICLES
- Claiming TDS deducted by builder on Hardship compensation and Corpus
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
