28 July 2014
HI, We have filed our ETDS return for the f.y. 2013-14. There we have not deduct tds for one of our vendor due the exemption as per income tax act. but later on there was a demand raised by the TRACES due to wrong TAN mentioned in the exemption certificate. Now we have to deposit the TDS default amount with interest. Please suggest which section (either 400 or 200) we have to deposit the TDS and interest.
28 July 2014
Yes. Once you deposit the TDS and file revised return the TDS amount will be reflected in 26AS and form 16A generated from TRACES website.
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