Struck with demand from traces like short deduction/interest on late payment/interest on short deduction/pan error.
Kindly reply back with contact info for guidance.
Sai Prasadh (Investment advisor) (139 Points)
07 March 2017Struck with demand from traces like short deduction/interest on late payment/interest on short deduction/pan error.
Kindly reply back with contact info for guidance.
Mahesh Bingi
(Tax return preparer)
(462 Points)
Replied 08 March 2017
Hi, you have to revise the TDS returns Online(in TRACES) or Manual upload. It's not possible to explain procedure in text. The default demands are various types like Short deduction PAN err, wrong deduction, Challan missmatch, Late payment Interest, Late deduction interest, Additional Interest on interest, additional interest on processing of late coorrection. Feel free to call for any guidance. -Mahesh, Hyderabad, 9393212211.