Tds shortfall paid by employee
This query is : Resolved
09 August 2014
Dear All,
My client has deducted TDS from salary for FY 2013-14 and deposited timely. but later on it was noticed that there has been short fall in the same. The employee has paid the shortfall of TDS amount in his ITR as Self Assessment Tax. But still the Employer is receiving the intimation from TDS Dept, mentioning the short fall amount and Interest there on as Demand Notice from Income Tax.
Kindly inform what should be done in this case on part of Employer?
My client has deducted TDS from salary for FY 2013-14 and deposited timely. but later on it was noticed that there has been short fall in the same. The employee has paid the shortfall of TDS amount in his ITR as Self Assessment Tax. But still the Employer is receiving the intimation from TDS Dept, mentioning the short fall amount and Interest there on as Demand Notice from Income Tax.
Kindly inform what should be done in this case on part of Employer?
09 August 2014
tds short fall will be complete by the employer employee pay his tax liability but in tds return your liability remain balance.
so you have to pay the bal. tax amount
so you have to pay the bal. tax amount
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
- Showing Gift from relative in ITR for this year
- ITR selection for salaries and capital gain less than L
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- NON- SUBMISSION OF LLP FORM 3
- Last year TDS Claim
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
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
