Sir,
My individual tax audit client has recieved notice of non-deduction & non filing of TDS return Form 24Q. This was wrt salary Rs.60,000 paid to his father who was also paid interest Rs.199,000 (on which TDS was duly deducted & paid). The notice has given challan amout of Rs 4320 to be paid and hearing date. What is the remedy? we are already filing the IT return of the deductee.as if we pay challan now, it would amount to late TDS, which also has not been reported in Tax audit report by us in oversight. Is there a case law which says we cannot deduct TDS as both the deductor & deductee returns have been filed and no purpose solved in TDS deduction now? we are ready to pay the challan amount if any to the credit of the central government. Kindly reply ASAP. Thanks & regards,
ca.vkalyanc @ gmail.com
CAclubindia
