Tds short deduction

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

18 July 2013 A client has made short deduction of 1 % instead of 2% and return has been filed.Problem is that on arrival of notice payment has to be made,so while filing the correction statement two challans would be there for same party

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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18 July 2013 In case the different tax, you are paying from your pocket then no need to show the challan for that deductee, just add the challan in challan sheet and show others column

In case are deducting from the party. you add the challan and add one more line for the party in deductee sheet with the differential amount, ( amount paid shown in the original return can be edited and adjusted)