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Can anybody tell me about tds correction in details please🙏

21 August 2023

like short payment, short deduction, like pan error, intimation u/s 200A about etc error please help me if anybody knows.

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sabyasachi mukherjee (27129 Points)
Replied 22 August 2023

This is not only a knowledge forum. pls post actual facts and figures.

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NARENDRA (ACCOUNTS MANAGER) (1782 Points)
Replied 22 August 2023

( If your query about the Income tax tds ,then).By mistake if you deduct short & made payment, you will have to rectify it & revise the return. You will have to show correct pan no. while filling return. Ask to your vendor or supplier for correct pan no. if pan no. is not available or incorrect then you will have to deduct 20% TDS.& deposit the same.It may be vary depending the subject.

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