Instead of deducting TDS u/s 194J, deducted and paid u/s 194C. Should the company again deduct TDS at 10% for the whole amount or it can adjust which already deducted amt and can pay the balance amt?
Instead of deducting TDS u/s 194J, deducted and paid u/s 194C. Should the company again deduct TDS at 10% for the whole amount or it can adjust which already deducted amt and can pay the balance amt?
can adjust already deducted amount. but interest on whole amount to be payable.(from due to deduct tax till the actual deduction).
You can write a Letter to the concerned TDS officer stating the facts. Also attach the TDS challan along with the Letter.
Regards,
Devendra K
please told the proper detail to your concern TDS officer and ask from him a proper solution regrding this problem.
CAclubindia
