U/s 200a
This query is : Resolved
07 January 2012
DEAR EXPERTS
MY CLIENT HAD DEDUCTED OF TDS U/S 194 JON PROF. SERVICE.DEDUCTED TAX PAID BY CHALLAN IN THE BANK AND QURTERLY 26-Q E-FILED BY ASSESSEE.BUT THERE IS DEMAND NOTICE ISSUED BY OFFICE OF iTO (TDS) OF THIS AMOUNT AS MENTION SHORT PAYMENT AND THIS AMOUNT IS PAYABLE WITH INTEREST WHICH IS ALREADY PAID WHAT WAS REPLY OF DEMAND NOTICE RECEIVED BY ASSESSEE.
MY CLIENT HAD DEDUCTED OF TDS U/S 194 JON PROF. SERVICE.DEDUCTED TAX PAID BY CHALLAN IN THE BANK AND QURTERLY 26-Q E-FILED BY ASSESSEE.BUT THERE IS DEMAND NOTICE ISSUED BY OFFICE OF iTO (TDS) OF THIS AMOUNT AS MENTION SHORT PAYMENT AND THIS AMOUNT IS PAYABLE WITH INTEREST WHICH IS ALREADY PAID WHAT WAS REPLY OF DEMAND NOTICE RECEIVED BY ASSESSEE.
07 January 2012
Check on-line Form 26AS for credit.
.
If credit appears there, make rectification application (online).
.
.
If credit appears there, make rectification application (online).
.
08 January 2012
Check the PAN no. in the TDS return. If that is correct, check for the code A or B against that line item in the TDS return. One the these codes is for higher deduction @ 20%. If the code is mentioned, system will calculate TDS @ 20% and hence will raise demand notice against you for balance TDS payment with interest.
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
- TDS 194-T applicability
- GST ITC REVERSE
- Fixe term employment
- Is any professional CA is here please reply
- TDS on TRUST
- RCM ISSUE ON RENT AND TRANSPORTATION CHARGES
- Foreign lottery ticket bought online from India: legality, tax and consequences
- Reprocessing of rectification order AY 2025-26
- Section 50-fixed asset-->building ceases to exist
- Putting a heading on received mail
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
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
