Ajay s (Accounts Officer) (243 Points)
27 August 2011Dear All
We received a Demand Notice from IT Office claiming short deduction of amount under 194c
We have deducted 1 % under 194C for payment made to an Individual Contractor. Hope what we have deducted is right.
We have submitted the return with his PAN No too. But we dont know the reason y the IT people are claiming 20% tds
waiting for ur replies
Nitin Jain
(Chartered Accountant)
(20 Points)
Replied 27 August 2011
Hi Ajay,
Please check whether the PAN provided is Valid or Not.
Try to get the PAN card copy from the person for whom you have deducted TDS.
Regards
Nitin Jain
Ashvin Bhanderi
(ACCOUNTANT)
(59 Points)
Replied 27 August 2011
Please attach scanned copy of IT Demand notice for further clarification... Your just few words can express full problem of your question...
CA ADITYA SHARMA
(CA IN PRACTICE )
(16719 Points)
Replied 27 August 2011
| Originally posted by : Nitin Jain | ||
 |
Hi Ajay, Please check whether the PAN provided is Valid or Not. Try to get the PAN card copy from the person for whom you have deducted TDS. Regards Nitin Jain |
 |
agreed
Jayalakshmi N
(Audit )
(27 Points)
Replied 28 August 2011
hi Ajay the Sec quoted might have gone wrong ie for example instead of 194C they ( Kary etc) might have entered it as 194 J .So resulted in lower deduction. Please check ur return flied for TDS
kartik shah
(CA Final)
(48 Points)
Replied 28 August 2011
There is changes in rates and filing procedure of tds return pls see it incometaxindiagov.in site and go to tds portal u wl surely get updated.
SUNIL
(ACCOUTANT)
(167 Points)
Replied 29 August 2011
TDS @ 20% deducted only at they have no PAN number. It means there may be mistake in PAN Number. Kindly arrange and same reconcile. if it is ok then submit to the department.
AUDITOR VINOTHKUMAR
(a)
(870 Points)
Replied 05 October 2011
WITHOUT PAN DEDUCT TDS 20% THAT AMT. CAN I APPLY REFUND ?
CAclubindia
