13 May 2013
We have deducted TDS for one of the employees in Dec as TDS on Professional Charges (@ 10%) instead of TDS on salary. TDS return was filed accordingly.
Now when we have to file the return for Jan-Mar quarter, there is a discrepancy to the extent of TDS deducted as TDS on professional charges.
14 May 2013
In case you have shown the commission part seperately in form 26Q3, you may avoid that much part of commission in 24Q4. In that case, tds payable u/s 192B will be lesser which will get adjusted from tax paid u/s 192B.
CAclubindia
