Short tds deduction u/s 192


This query is : Open 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 November 2015 Dear experts,
Weather short deduction of TDS on salary u/s 192, is liable to pay short fall amont With 1% interest or not, plz clarify....

Regard
Vimal jalaun

08 November 2015 Yes. You are required to pay short deduction amount along with interest on short deduction of TDS. Also revise the return after payment.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 November 2015 Sir, many tax experts beliave that no need to pay short fall amount with interest u/s 192 that means TDS on estimated income, plzz clarify..

Kumar (Expert)
08 November 2015 At the end of the year, it is not estimated income, so TDS remitted for March month shall cover the complete amount


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
Featured 27 October 2026
semi-qualified CA

Saini Pati Shah & Co LLP, Chartered Accountants

Mumbai

CA Final

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
ARTICLESHIP 30 September 2026
CA Article Assistant

CA Suraj Garg & Associates

New Delhi

CA Final

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details