Dear All,
I have received TDS demand for Rs. 2059 in which written short deduction. So i want to know what is the meaning of short deduction in specfic QTR. How can i correct if there is wrong PAN no in return. Pls advice..
Regards,
Harkesh
Harkesh Kumar (Finance Manager) (97 Points)
21 July 2012Dear All,
I have received TDS demand for Rs. 2059 in which written short deduction. So i want to know what is the meaning of short deduction in specfic QTR. How can i correct if there is wrong PAN no in return. Pls advice..
Regards,
Harkesh
ANAND DHYANI
(Tax Consultant)
(48 Points)
Replied 21 July 2012
Mr. Harkesh
Incometax are sending the short deduction demand incase of wrong pan uploaded in TDS return on Higher deduciton basis i.e 20% as per gov. rules. You need to revise your return with correct pan no for erase the demand further.
Excel Mastery Program