Notice received for short deduction of tds

This query is : Resolved

Pooja Tanna (Querist)
Follow

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?

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
Follow

17 July 2013 Query is not clear. why short deduction intimation received?. kindly elaborate the query

Pooja Tanna

Pooja Tanna (Querist)
Follow

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?

Upgrade to CAclubindia Pro. Subscribe Now!