Interest u/s 234B & 234C in ITR

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This query is : Resolved

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This discussion addresses confusion regarding interest charges under sections 234B and 234C of the Income Tax Act, levied despite regular TDS deductions. The advice suggests verifying the deductor's TDS filing and checking Form 26AS to confirm TDS bookings. If TDS is correctly reflected, further investigation into turnover and ensuring the TDS amount is accurately entered in the ITR's TDS schedule is recommended to resolve the interest charges.

Ishita Gupta

Ishita Gupta (Querist)

14 July 2023 My TDS was deducted every month. But in ITR interest is charged u/s 234B & 234C for non payment of advance tax. How can I resolve this?

RAJA P M

RAJA P M (Expert)

14 July 2023 Check the filing of TDS by deductor... Check Your turn over... (Put your TDS amount in the TDS schedule after that validate. You can get positive result)

Ishita Gupta

Ishita Gupta (Querist)

14 July 2023 How to check TDS filing by deductor?
Where to get TDS schedule?

RAJA P M

RAJA P M (Expert)

14 July 2023 You can check the TDS in Form 26AS

Ishita Gupta

Ishita Gupta (Querist)

15 July 2023 TDS is booked every quarter in Form 26AS. That means deductor has filed correctly. So why is interest charged?

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