Santhi (personal) (23 Points)
28 April 2017we have filled our Q4 every thing is Ok , today i got a default notice saying we have to pay Addtional Late payment Interest against procesing of latest correction ? Do we need to pay this if so under which section code to be mentioned in the challan and how to make the correction report. Kinldy advice us.
Santhi
Mahesh Babu
(CA Final)
(618 Points)
Replied 01 May 2017
Need to pay such correction default amount under TDS challan 281, then select "Type of payment" 400-regular assessment.
then file the online revise return by allocating such challan paid for interest to the qaurter in which such default amount raised.
Santhi
(personal)
(23 Points)
Replied 02 May 2017
Thanks for your reply.
my doubt is how to make the payment what is the section code to used and how to do the correction file.
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