Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
28 July 2014
dear sir,
our customer gave us exemption certificate us/ 197J @0.55% for the year 2013-14. but we deducted & paid payment to govt.u/s 194 C @0.55% & return filled also. Now we got notice from IT dept for short deduction. Please tell me solution.
our customer gave us exemption certificate us/ 197J @0.55% for the year 2013-14. but we deducted & paid payment to govt.u/s 194 C @0.55% & return filled also. Now we got notice from IT dept for short deduction. Please tell me solution.
Ganeshbabu K
(Expert)
28 July 2014
In my opinion department may be correct
.
.
entries relating to 197 is required to be entered against TAG "B"
.
vide ammended rule 31A through notification 16/2011 dated 29.03.2011 which will be effective from 01.04.2011
.
.
refer my article
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.U9ZWH_mSx1Y
.
.
U check whether you have filed return by taging against TAG"B" and i have seen that 197 certficate is required to be validated in traces,,login and see
.
.
entries relating to 197 is required to be entered against TAG "B"
.
vide ammended rule 31A through notification 16/2011 dated 29.03.2011 which will be effective from 01.04.2011
.
.
refer my article
https://www.caclubindia.com/articles/inclusion-of-transporters-details-in-tds-returns-are-mandatory-17543.asp#.U9ZWH_mSx1Y
.
.
U check whether you have filed return by taging against TAG"B" and i have seen that 197 certficate is required to be validated in traces,,login and see
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
- Due date for filing return for the partner in partnership subjected to Tax Audit
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
