I just want to know the applicability date of rate 25% u/s 195f for the FY 2013-14 & also what to do as an auditor if any client deduct & deposit higher TDS under any section.
03 March 2014
195F? what section is that Mr Tripathi?
regardless, where deductor has deducted higher taxes verify that it should be on account of non-availability of PAN and the same has been properly reflected in tds returns.