Good Evening to All,
We have deducted the TDS for Salary Rs.45000, and same to be paid to Govt. But when we paying we wrongly quoted the Code i.e. Salary TDS code is 92B but we paid in 94I (rent) code. Now my question is How to correct this code error and otherwise whether we have to pay penalty or not???
Hi Vijay kumar,
in my opinion you should make fresh payment of TDS u/S 92b. and Claim Refund of Amount Wrogly paid.
Dear are you paid rent or not? if you are paid rent so you can show in your book advance rent paid after deduct TDS and
TDS on Salary you are make a fresh payment under section 92B
and last
If you are not paid rent..........i agree with Rajesh P. Ahir
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