TDS 24Q Default
This query is : Resolved
Quick Summary
27 May 2024
We have received default for short deduction of TDS in 24Q return. We have failed to deduct and pay 4% Education cess. Now I have two options
1. Pay the default
2. I have missed to deduct Rs. 50,000 standard deduction. So, can I file revised return by deducting standard deduction? By this, the total income comes less and the TDS+CESS is less than what we have deducted.
Which option should I choose.
Thank you
1. Pay the default
2. I have missed to deduct Rs. 50,000 standard deduction. So, can I file revised return by deducting standard deduction? By this, the total income comes less and the TDS+CESS is less than what we have deducted.
Which option should I choose.
Thank you
Dhirajlal Rambhia
(Expert)
27 May 2024
File revised return...
Dhirajlal Rambhia
(Expert)
05 September 2024
Good Luck.
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
- Tax on Amount transferred in HUF Account
- Nursery business
- Working on Gold wastage during Melting of old gold jewellery
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- GST input credit on commercial property
- Gift to nri relatives residing in usa
- Section 269ST applicability for capital introduced by partner to his partnership firm
- ETDS return q4 25-26
- GSTR-9C filing
- Royalty payments to the Mining Department for procurement of murum - GST input
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
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
