TDS
This query is : Resolved
16 July 2020
Company is deducting tds on salaries for its employees for FY 2019-20. Shortfall was observed for 5 employees. Hence the company paid the shortfall amount in June. But the payment was not made as a TDS payment. The company by mistake paid as self assessment tax quoting the employee pan.
Whats the solution to this problem now. If tds return filed as such it will attract penalty?
Whats the solution to this problem now. If tds return filed as such it will attract penalty?
16 July 2020
It will not attract penalty. If any notice is received explain the fact no penalty levied.
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