SERVICE
17 Points
Joined May 2016
Dear Sirs,
I have Query regarding Intimation U/s200A for short deduction received from Traces as follows :
One employee have some income from bank interest & bank already deduct 10% tds on that interest income.
Employee has in the category of 20% slab of income tax.
When filling income details of that employee in Annexure II of form 24Q ,there is short deduction of that TDS deducted by bank (10% TDS).
Now, please suggest me ,Can I pay that short deduction amount ? OR
If i have paid that amount then it is necessary to filled correction return.