23 March 2013
as it appears from the Question that Wrong rate of withholding tax considered instead of rate mentioned in law for the payment of rent. hence short deduction has been made by the company. the recourse for this is to deduct proper TDS as mentioned u/s 194I. than deposit to govt. in challan no. 281 along with the interest of 1% per month on short deducted amount.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
23 March 2013
but sir payment is given to party less 1% tds...so how to to recover.