Raj,
at the end of they financial year, all companies are required to make provisions for outstanding liability (even if it turns out to not be payable later). Once the provision is made, the company is required to pay TDS on the same and credit the TDS to the account of the concerned person.
There is nothing wrong in that respect by the company and sending a notice is of no meaning. They had provisioned for it, they have paid the tax and given proper credit. That they later decided not to pay is a different matter and can be taken up by courts, but the credit given and shown in 26AS will not change.
From India, Mumbai
2358at the end of they financial year, all companies are required to make provisions for outstanding liability (even if it turns out to not be payable later). Once the provision is made, the company is required to pay TDS on the same and credit the TDS to the account of the concerned person.
There is nothing wrong in that respect by the company and sending a notice is of no meaning. They had provisioned for it, they have paid the tax and given proper credit. That they later decided not to pay is a different matter and can be taken up by courts, but the credit given and shown in 26AS will not change.
From India, Mumbai
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