About tds justification report

This query is : Resolved

Guest

Guest (Querist)

11 December 2013 WE HAD PAID CHALAN FOR 94A WITH INTEREST AS (BASIC TAX 133788/- + INT 10035/-)RS 143823/-ON 28/02/2013,FOR 14/09/2013 TRANSACTION AS INTEREST ON UNSECURED LOAN RS 1337881/-. BUT WE HAD CALCULATE 5 MONTHS INTEREST INSTEAD OFF 6 MONTHS.

NOW TRACE HAD ISSUED A DEMAND FOR THE SAME RS 12033/-. THEN I HAD DOWNLOADS JUSTIFICATION REPORT FROM TRACE AND FIND OUT THAT THEY DEMAND FOR LATE PAYMENT INTEREST COMPUTED RS 12033/- BUT THEY HAD NOT LESS ABOVE RS 10035/-WHICH WE HAD PAID AS INTEREST

I CALL TO TRACE AND THEY HAVE GUIDE TO ME THAT PL CONFORM THAT AFTER DOWNLOAD CONSO FILE FOR THE SAME AND SEE HAVE I PROPERLY ENTER ABOVE CHALAN AND TRANSACTION.

YES I DO FOR THE SAME AND CONFORM THAT CHALAN & TRANSACTION WAS ENTERED PROPERLY.

AND FURTHER MY ARGUE IS THAT IF NOT SO, THEN CANT MATCH THE CHALAN IN RPU AND I CANT FILE THE RETURN.

SO ALL MATTER PROPERLY ENTERED.

THE QUESTION IS HOW MANY RS WILL PAY AGAINST ABOVE DEMAND?

IF I PAY RS 12033/- LESS PAID EARLIER 10035/- = 1998/- THEN DEMAND WILL NOT SOLVE AND REMAINING VALUE WILL STAND.

WHAT CAN I DO ???

PL GUIDE ME ON MY MAIL ID sanjay.vyas2@gmail.com

Thanks

A.Senthil Subramanian

A.Senthil Subramanian (Expert)
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12 December 2013 Sanjay sir, As per my view, if Interest amount filled in the Interest column in ETDS return then it is normally taken into account by the TDSCPC. So please check whether Interest amount separately entered or entered in whole in TDS column. If surely you properly entered them, then you may send proper reply to TDSCPC about the matter with valid proofs. Please check them.

Message likes : 1 times

Guest

Guest (Querist)

12 December 2013 THANKS A LOT

IN ADDITION THAT AS PER LETEST RPU THERE IS 2 COLUMN FOR THE INTEREST IN CHALAN DETAILS AND MY SOFTWARE PROVIDER TOLD ME THAT THEY ARE IN TOUCH FOR THE SAME WITH DEPARTMENT.

IT MEANS THAT AS PER LATEST RPU WE MUST ENTER 2 TIMES INTEREST'S FIGURE IN MY CASE WHICH WE HAD PAID, IN BOTH COLUMN. SO THEN JUSTIFICATION REPORT WILL CALCULATE CORRECTLY AS COMPUTED INTEREST LESS PAID INTEREST = REMAINING DEMAND.

THANKS

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