Our co has booked the exhibition stall of Rs. 150000, and deduct the TDS under section 194 C and filed the return. But actually TDS deposit under section 194 I (RENT) instead of 194 c. What should i do, submit the balance amount tds or not??Plz suggest me??
18 September 2014
Check out the challan correction mechanism from below link--- http://www.incometaxindia.gov.in/archive/LeftMenu_ChallanCorrectionMechanism_26082011.pdf
19 September 2014
But sir our invoice amount in less than Rs 180000, than we are not liable to pay the tds under section 194 i. It should deposit the balance tax or not??
CAclubindia
