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Tds under wrong section

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Querist : Anonymous

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Querist : Anonymous (Querist)
22 October 2012 Dear Sir,
We have deducted TDS on survey U/s 194C instead of 194 J for FY 2011-12. What will be its consequence. whether entire exp will be disallowed ?
Thanks

Rahul
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CA Manish

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CA Manish (Expert)
22 October 2012 Plz write a letter to Bank for correcting the same. This is applicable for payment made on or after 01.09.2011.

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