Tds lower rate
This query is : Resolved
21 December 2011
I HAVE FILED Q1 TDS RETURN.IN THIS RETURN ONE PARTY HAS DEDUCTED TDS 1% INSTEAD OF 2%.
BUT AFTER KNOWING THIS, PARTY HAS DEDUCTED FURTHER 1% TDS ON ABOVE SAID AMT NOW.(IN DEC)
NOW HOW CAN I SOLVE THIS PROBLEM.???????
PLEASE HELP ME...
THANKS....
BUT AFTER KNOWING THIS, PARTY HAS DEDUCTED FURTHER 1% TDS ON ABOVE SAID AMT NOW.(IN DEC)
NOW HOW CAN I SOLVE THIS PROBLEM.???????
PLEASE HELP ME...
THANKS....
21 December 2011
You need to revise your TDS return of 1st Quarter.
21 December 2011
WITH OUT REVISED CAN WE SOLVED THIS PROBLEMS?
21 December 2011
No you can not, since you had shown deduction of 1% instead of 2% in your Q1 return. If you do not revise the return you will receive a demand for that 1% amount along with interest.
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