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This query is : Resolved

CA Aishwarya Joshi (Querist)

15 April 2014 Mr. x is tax deductor & he has received a short deduction certificate to deduct @ 1% u/s 194j instead of 10%, still Mr. X received notice from IT department regarding lower deduction.. What steps should he take to tackle this? should he file revised return & send lower deduction certificate or what???

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

15 April 2014 I think while filing the TDS return the lower deduction flag was not selected as a result the lower deduction default has been generated. Now revised return needs to be filed and lower deduction flag to be selected for the said transaction.

Rupesh Jain

Rupesh Jain (Expert)

16 April 2014 lower tax deduction by deductor on the basis of some document . pls check the document. otherwise it may possible that due to clerical mistake when filing the return tds amount wrongly enter, pls check that.

otherwise you have to deposit the tax. and revise the return.

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