Tds filing

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Narayan (Querist)
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16 February 2015 Sir, We have filed TDS return for 3rd Q for F.Y.14-15. TDS was deducted @20% for non available of PAN of clients & filed the return in form 26Q. After filing form 26Q we came to known that it belongs form 27Q since the clients are NRO. However, later we even filed form 27Q since we are not known the effects.now dept.has processed and we have recd Short deduction or amt not available in form 27Q & raised the demand. Kindly let us know how to come out from this & reduce the demand to NIL

CA ANILKUMAR B.COM FCA DISA

CA ANILKUMAR B.COM FCA DISA (Expert)
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16 February 2015 In case of NRI , tax to be deducted @ 30.9 % ,and that is why department raised demand notice for short deduction .

Narayan

Narayan (Querist)
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18 February 2015 Sir, in fact we have deducted @ 30.9% but in filing return in form 26Q we have taken the clients a/c as 20% & in form 27Q return we taken as 30.9% deduction & filed the return, now we got the demand as short deduction in form 27Q only.

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