24 December 2013
we have done payment of tds with interest, but interest paid on late payment was just short. now we received intimation u/s 200a from IT Deptt. having intimation for payment of intt. but under this intimation no deduction is given to us for interest already deposited by us. now what procedure to be followed for deposit of interest & what to do after deposit of interest. Interest will be deposited under 400(regular assessment) in challan?
25 December 2013
After depositing the balance interest just file the revised return and intimate the TDS AO through letter enclosing a copy of challan and revised retrun receipt.
25 December 2013
So that the amount so deposited will be reflected in return and will be credited against your TAN otherwise the amount continues to be shown as due in the records.
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