Order U/s 201/201A- short didn of TDS

[ishwar hegde]

For Fy 2008 , we had diuducted  10.%tax u/s 194A on int paid, e-tds return was also submitted in time. But there was a short diduction of mear amount of Rs.200/- ,to 259/ But the Ao has done assessment order leaving 20% tax plus intrest on the amount paid. What can be done now? Plz guide us

[pratik doshi]

In your case for that TDS return there is posibilty that wrong PAN no is entered, so department has calculated TDS @ 20% on invalid PAN No.

 

first you should login to tin-nsdl by using TAN no. and then you should check for default status, in default status you will get the respective F.Y. and quarter in which return processing default is notified by department. then apply for TDS consolidated file for that Quarter, tha file can be send to u at your registered email id or you can download it from downloads option in your TAN account. then make necessry correction in consolidated file and file your TDS return.

AI Summary

TDS PAN mismatch can trigger higher withholding; taxpayers should check TIN-NSDL defaults and correct TDS return promptly. Verify the payer's TAN account on the TIN-NSDL portal for default status, obtain the consolidated TDS file for the affected quarter, identify PAN or data-entry mismatches, correct the consolidated file and amend/refile the TDS return so the department can reprocess and rectify the default treatment.