banner_ad

Tds return correction statement

This query is : Resolved 
Profile Image

Profile Image

(Querist)
20 May 2014 salary details (SD) of AY 13-14 for Q4 captured non taxable employees details in quarterly statement. Those emploees PAN was not available in the statment. Now demand has been raised to pay tax @ 20% on the salary paid to such employees even though their salary is below slab of 2.00 lacs per anum. to correct this, deletion of such employees SD from statement will solve the issue or is there any other way of doing this? pls guide
Profile Image

Sandeep Dharar

Profile Image

Sandeep Dharar (Expert)
20 May 2014 Yaar y did u submitted it without PAN. As per CBDT circular 20% TDS will b deducted in absence of PAN. Now u must have to pay the amount.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
20 May 2014 you wont be able to delete the records from the tds return. the only way avoid tds laibility is to submit certificate under proviso to section 201(1) in Form 26A.

please refer https://www.itatonline.org/info/index.php/s-201-no-tds-default-if-payee-has-paid-tax-ca-certificate-format-prescribed/
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news


Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
ARTICLESHIP 23 May 2026
Article Assistants

Acupro Consulting

Gurgaon

CA Inter

View Details
Company
18 May 2026
MIS Executive

Primarc Pecan Retail Limited

Mumbai

B.Com

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
21 May 2026
Associate

PWC

Kolkata

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details