We Have recived an intimation u/s 154 for 24Q:- A Senior Citizen employee getting Net Taxable salary of Rs. 35,00,000 p.a. on which TDS is deducted by us Rs. 9,01,250. Income Tax department send a Intimation demand as Rs. 5150 as short deduction of TDS and Rs.714 on Interest on short deduction of an employee. They charged this demand for General category of employee.
Where employee is senior citizen and accordingly company deduct and paid all TDS on his salary.
Can any one suggest what have to do whether we have deduct, deposit & filed return correctly.
CAclubindia
