Tds deduction
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
23 November 2013
I had deducted & deposited TDS of Party u/s 194C in oct. but now I came to know that it should have been deducted u/s 194J.
For rectification what should I have to do...
For rectification what should I have to do...
CA PARAS BAFNA
(Expert)
23 November 2013
You can refer the following link
https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
https://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
Nikhil Kaushik
(Expert)
23 November 2013
in this case, in addition to change in challan as suggested by Bafna ji, you also need to deduct additional tax for 8%/9% as the case may be and deposit it along with interest applicable under section 201.
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
- 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
- ITC not to be taken in accounts & GSTR-3B
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
