Tds deduction @20%
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
29 April 2015
Dear all
in the year 2011-12 TDS Deducted late and depoisted with interest with department and also late filing 26q statement reason being non availability of PAN on due date of filing of TDS Statment , subsequently we collect all pan and filed TDS Statement with valid pan .in our case the AO can ask to deduct TDS @20% Instead of normal rates
in the year 2011-12 TDS Deducted late and depoisted with interest with department and also late filing 26q statement reason being non availability of PAN on due date of filing of TDS Statment , subsequently we collect all pan and filed TDS Statement with valid pan .in our case the AO can ask to deduct TDS @20% Instead of normal rates
Deepti Asawa
(Expert)
29 April 2015
No, TDS deducted on higher rates not an issue..so dont worry about this
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