Wrongly deducted u/s 194c instead of u/s 194i

ASHISH RAJNIKANTI RAM TIWARI (ACCOUTANT) (37 Points)

19 March 2014  

Dear Sirs,

 

We have deducted TDS on godown under section194c @ 2% and has deposited tds every month U/s 194c @ 2% only. So my point is that can it will be possible to deduct further 8% or not. If yes then let us know the interest or the late fees or both applicable. Also we have filed one half yearly tds return, can we revised again or not. Please reply us at the most earliest so that differences of tds amount can be paid in this month only.

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