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Tds notice u/s.200a & 156

Accounts Officer


One of our client received a intimation & notice for TDS under Sec.200A  156 for short deduction and late payment interest.

After verification of TDS statements client paid the amount of TDS payable as per the notice.

Now my question is  whether we need to file the revised return for the same or not (or) whether we need to reply the department by written document or not

Please any one suggest me in this

 
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Accounts Officer


First file the revisd return and  replay to department with  supporting revised acknowledgment.


Total thanks : 1 times

 
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Accounts manager-MBA


you have to check your return ,write letter to ITO WITH CHALLAN  copy

if requred submit revise return


Total thanks : 1 times

 
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FIRST U HAVE TO PAY TO TDS FOR SHORT PAYMENT..

THEN REVISE YOUR TDS RETURN ...

AND SEND A LETTER TO CONCERNED TDS COMMISSIONER WITH THE COPY OF

REVISED RETURN ACKNOWLEDGMENT

AND

TAX RECIEPT

 


Total thanks : 2 times

 
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Finance & Accounts Executive

Agree with Neeraj Sharma


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FILE ETDS CORRECTION  RETURN FOR ANY SHORT PAYMENT AND SHORT DEDUCTION ONLY LATE PAYMENT INTEREST SHOULD BE PAID AND INFORM WITH SUPPORTING DOCUMENT TO  TDS DEPARTMENT

 

 
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Our client received the TDS notice u/s200a & demand u/s156 for short payment of interest on late payment of e-tds, as per demand the client has paid the interest as demanded by the department. Now is it necessary to file revised / coreection Statement of E-TDS for the payment of late payment of Interest only

 
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Tax Consultant


Dear All

The Intimation u/s 200A of Income-tax Act, 1961 is deemed to be an order passed under the act.  Such order can be modified/rectified/amended by the Assessing Officer himself or on receipt of an application from the assessee u/s 154 of the Act.  The application u/s 154 must me moved within four years from the end of the financial year in which the impugned order is passed.

On receving the application the Assessing Officer has to pass an amendment order within the six months from the end of the month in which the said application is received or he may reject the application within such time.

If no amendmend is made to the intimation passed u/s 200A the demand shall reamain in the registers of the Income-tax Department.  The assessee may receive notices u/s 221(1) though he has rectified the TDS statements and paid the shortfall of the tax.  This will happen because of certain administrative faults in the department.

Best Wishes

Sathikonda

 
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Accounts Officer


thanks but not clear properly

 
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