Late update of challan on oltas

NAVIN NANDALAL AGRAWAL (TAX ADVISOR) (45 Points)

18 May 2016  

TODAY I HAVE DEPOSITED TDS CHALLAN, AND WHAT TO FILE THE TDS RETURN 26Q, BUT UNABLE TO GENERATE FUV FILES AS CHALLAN NOT UPDATED ON OLTAS.

NOW IT WILL TAKE 3 TO 4 DAYS TO UPDATE CHALLAN FOR WHICH DEPARTMENT WILL CHARGE PENAULTY OF RS 200 PER DAY. WHAT IS OUR  FAULT AND WHY SHOULD WE PAY LATE FILLING PENAULTY.