Tds query

Reply stating that the amount has been assessed as STCG...... attaching computation sheet.

Also attach a sheet with working of the interest amount under IFOS, reducing the equivalent amount from CG, and the tax difference which is saved by you, and refute the charge of concealment of income.

Thank you very much ,sir

Is the dedctor not punishable for the act of this negligence of deducting TDS wrongly and surprisingly why the the AUDITOR who certified my portfolio  held with the company ,did not verify the tax compliance of the company ? Simply replying me taht this happened by mistake, is an actionable misconduct, I feel.

Here deductor has rightly selected TDS section..........

The deductee has option to treat the income under different heads, based on the treatment in his books of accounts, whether as investment of current assets.

Thank you very much for the clarification, sir

My Pleasure ..