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TDS at lesser rate

TDS / TCS 705 views 2 replies

Tax is deducted at lesser rate i.e 5% was deducted instead of 10%, what is the treatment for such lesser rate of deduction.

Replies (2)

The expense will be disallowed...!!!!!

an interest at 1% for the month or part of a month shall be imposable on that part of tds not deducted...............


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