We had received an intimation u/s 154 of order pass date of 18/09/14 with the following details:
1. Additional late payment interest against processing of latest corrections - Rs. 3,004/-
2. Late Filing Levy - Rs.4,400/- 3. Interest u/s 220(2) - Rs.44/- Total -7450 This amount was paid on 17/10/2014 under penalty column -Rs.4,400/- and interest Rs.3048/-.Also TDS return revised.
Again a notice under 154 received for same quarter:
1.Interest on late payment - Rs. 3,004/-
2.Additional late payment interest against processing of latest corrections - Rs. 4,400/-
2. Late Filing Levy - Rs.4,400/- 3. Interest u/s 220(2) - Rs.192/- Total -12000/-
Want to know why have we recieved this demand notice again after payment and revising return? It has given reference of last order dated 18/09/2014 as correction.
Do we need to file correction statement or revise the return? how to do it for TDS return?
What is Additional late payment interest against processing of latest corrections?
01 December 2014
firstly u need to talk to ur jurisdicitinal ao in case if u want to know the exact calculation which will save your time and energy instead of blindly replying and then chasing him.
secondly even after verifying departments reply u still think its not correct then u too file a rectification request with all detailed cal and asking him to rectify the last order.
CAclubindia
