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
27 May 2024
File revised return...
05 September 2024
Good Luck.
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