16 May 2016
sir, regular etds return for fy 2015-16 quarter 4 (24Q4) is filed for a school on its TAN No wherein there is mistake of short deduction of a teacher due to calculation error. unfortunately or inadvertantly the same short deduction is rectified by collecting the tax amount from her and remitted on her PAN. Now there is the above notice asking to pay the default amount by IT Department. How best or in what way this notice is to be delt with ? what is the option now available with school authorities ? pl adsvice.
CAclubindia
