Hello Experts,
I am preparing a correction statement for AY2013-14 using the eTDS Return Preparation Utility (RPU) v3.8. The deductee (only one deductee in the statement) has PAN and is not exempt from TDS. The scenario is this:
A challan of Rs. 400 (Rs. 230 as short deduction, Rs. 24 as interest on short deduction and Rs. 146 as interest u/s 154) is paid. When adding an entry in Annexure I of the RPU, column# 326 needs to be filled up with a "Reason for non-deduction/lower deduction/higher deduction". The four options available in the dropdown list for this columns are "blank, A, B, C".
Can someone describe what option must I choose in this column# 326? Inqiry with the TIN call center didn't fetch a helpful answer, hence the request for help on this forum to you experts.
Thanks for your help.
Regards.
CAclubindia
