Tds certificate

This query is : Resolved

aman (Querist)
Follow

09 October 2014 My company has issued Form 16 to an employee. That employee worked for 1.5months at the payroll of Rs 1lacs per month. Now in Part A of Form 16 Amount paid is shown as Rs 2 Lacs. However in Part B of Form 16 it is Rs 1.5Lacs.
Now what can be done...is company required to revise TDS return & Form 16 or what.??

Tushar Desai

Tushar Desai (Expert)
Follow

09 October 2014 yes, you need to revise TDS Return. Your company must have reported incorrect Information while filing return. You need to correct it & re-issue the Tax Certificate.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok