If the employer has detected TDS under 192b instead of 194J in 3 out of 6 months, Will there be any problem if while filling return the amount for 3 months for which TDS deducted wrongly in 192b is shown under Pgbp?
Please help!
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Quick Summary
An employer has incorrectly deducted TDS under section 192B for three months instead of the applicable section 194J. The user is seeking advice on whether they can report the wrongly deducted amount under PGBP (Profits and Gains of Business or Profession) when filing their tax return. The consensus is that tax returns must align with the TDS deducted sections, and a rectification request or revised return may be necessary to correct the employer's error.