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Tds

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(Querist)
27 June 2013 sir

we have received from the incometax department demand notice for short deduction of tds for employees for the year ending 31.03.2012

the emplyees have left office during the year there is no point in paying the tax now and we cannot recover

we r ready to pay the interest but y to pay the tax difference

is there any provision in the act
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
27 June 2013 The penalty for non deduction of TDS U/s.271C is the non deducted amount

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