One of the vendor of my organisation who is an individual and his service was subjected to 194C and TDS was supposed to be deducted @ 1%. But it was wrongly deducted @ 2%. What shall we do now? Shall we adjust the excess TDS deduction with subsequent month's TDS deduction?
Higher rate of TDS wrongly deducted
Manish Chakraborty (Government employee ) (6 Points)
09 July 2023
CAclubindia
