Rectification in tds return / Intimation u/s. 200a - TDS returns - Short payment of tax

Chandresh Sanat Jatania (Chartered Accountants) (116 Points)

01 July 2013  

Hi,

The assessee had received a certificate for lower deduction of tax from one of his vendors. Accordingly at the time of payment of TDS, the assessee has deducted tax at the lower rate and made the payment to the income tax authorities and the vendor. Quarterly TDS returns were also filed as per the above deduction made.

The assessee has received an intimation u/s. 200A of the I. T Act for short payment.

Kindly suggest what steps should be taken for the above.

  1. Do we file a correction statement for the above OR do we submit a letter to the assessing officer informing him of the mistake apparent on record
  2. How do we find out the ward and details of the AO to whom a reply is to be written?

Thanks in advance for your replies.

Thanks and Regards,

CA CSJ