Tds deducted incorrectly at 1% instead of 10% under sec 194j
Querist : Anonymous
I needed to know if TDS for services rendered were incorrectly deducted at 1% under Sec 194J instead of 10% and deposited with TDS dept. This came to light at time of filing TDS return in Oct 2014. Please provide corrective measure on how to proceed on this case.
Thanks in Advance
You need to deduct balance amount & pay along with interest, also you will be required to revise e-tds return.
Thanks
Querist : Anonymous
Thanks
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