06 May 2022
Company had deducted less TDS on Salary of an employee, who left the company in Nov, 2021. Company had filed Salary TDS return for 3rd quarter with accurate details like Salary & TDS. Now company filing its 4th Quarter TDS Return for Salary. how can we rectify it.
06 May 2022
No penalty in case the employee make good the less deduction and file ITR. In case of any notice you obtain a certificate from CA that short deduction is paid by employee and file it online no penalty can be levied. Ask the employee to make good the short deduction while filling ITR. Obtain a copy of ITR from him.
06 May 2022
You will receive a notice from the Income-tax department for a short TDS deduction.
But you have to reply to that notice by writing to the jurisdictional officer that the short TDS have been already paid by the employee while filing the IT return.
Further, you can also obtain Form 26A for your records.
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