Budget Books

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Exess Late Fee under 234E on past Challans

This query is : Resolved 

01 December 2022 We have unconsumed amounts on some past challans in FY 19-20, 20-21 and the unconsumed amounts represent the excess 234E late fee we had paid on those challans.

Can we adjust these unconsumed challan amounts ( as i mentioned, these are excess late fees we had paid on past challans ) towards the payment of TDS in the coming quarters ? If yes, could you please explain the process to follow ?


01 December 2022 Yes, enter the unutilised challan in TDS return and adjust the amount against TDS payable it will be accepted.

02 December 2022 @ CA R SEETHARAMAN Sir
Thanks for your response.

Instead of using those unconsumed balances in the past challans for future TDS payments, can we seek a refunds of all of those unconsumed challans in the past ?

As i mentioned previously , the unconsumed balances on past challans represent the excess late fees we had paid on those past challans

Could you pls advise, Sir ?

02 December 2022 Utilise it for future TDS payments.
Refund can be opt for only in case of no future TDS payment.
Late fee excess payment can be utilised for TDS payment it's allowed.

02 December 2022 @ CA R SEETHARAMAN

Thank you Sir !

02 December 2022 You are welcome...

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Similar Resolved Queries


Unanswered Queries

IIM Indor
caclubindia books

Answer Query