Intimation under Section 200A/206CB of the Income Tax Act 1961

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Umesh Singh

Umesh Singh (Querist)
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31 August 2025 short deduction/collection amount is rs 346325 and intrest is 13844

Dhirajlal Rambhia

Dhirajlal Rambhia (Expert)
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31 August 2025 R.s 346,325: Tax short deducted or collected (the actual defaulted amount).
Rs 13,844: Interest levied for delayed deduction/collection, in compliance with Indian tax law.
Both amounts must be paid to resolve the default and avoid further penalties.
Short deduction/collection means the amount of tax deducted (TDS) or collected (TCS) by the deductor/collector is less than the amount prescribed by the law for a specific transaction or payment.
Common reasons include quoting wrong rates, certificates, or errors in calculations. It results in a default where the deductor/collector must now pay the shortfall along with interest.

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