17 July 2013
In one case we have deducted TDS at the rate of 30%+2%+1% u/s 195-Other Sums.Besides above we have received the notice for short deduction of TDS by Intimation u/s 200A of the Income Tax Act, 1961.So what is the best possible solution in above case & whether there is any facility like rectification in TDS Return?
23 July 2013
I asked the query because even i didn't understand why i received that notice.Anyway i describe you the case: One Private Ltd. Co. paid 96000/- to NRI,so the Co. deducted TDS u/s 195 at the rate of 30%+2%+1% i.e.29664/- & return is also filed in the same manner,though notice for the short deduction of tds of RS.890/- is received.I want suggestion what to do now?