What are the reasons for Tds demand in 24Q Q4 if all tds was already paid and Tds regular statement filed on time ?
Will the rebate u/s 87A can cause demand ?
Our accountant filed 24Q Q4 through TIN Centre but he filed tax on total income as zero for income below 5lacs and he has not shown rebate u/s 87A
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24Q Q4 Tds demand
Replies (24)
Quick Summary
Wrong filing of TDS returns.
Is it only the reason for tds demand ?
Any other reasons?
Tds deduction and payments were done on time
Any other reasons?
Tds deduction and payments were done on time
There is no other reason except data entry errors in return
How about financial year ?
We are govt organization. For us March to Feb is the relevant year and
We fill Salary from March 2021 to Feb 2022 where as April to March is the FY as per FA
We are govt organization. For us March to Feb is the relevant year and
We fill Salary from March 2021 to Feb 2022 where as April to March is the FY as per FA
It doesn't matter, data entry should be correct
Which Entry ?
That need to be checked
All entries and tax liability is correct . Demand raised but downloaded form 16s and checked .All details are correct except rebate related issue
Then download justification report
Justification report generated with all entries of Annexure I nothing found wrong
Justification report show the details of demand. So first get clear what you downloaded.
It's just copy and paste of Annexure I of Tds file from RPU 4.1
Justification report always give clarification of TDS demand, so check it again
Generally JR should show the reasons.But this time it's just copy and paste and no proper justification
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