25 December 2013
I had deposited a late filing levy plus interest on delayed deposit of TDS correctly on receipt of intimation.
However, I happened to include these payment details in a later Quarterly return as Interest and other payment. I am now confused if I needed to file a correction to the earlier TDS against which the late levy was raised. Or, is it ok to have simply deposited the late levy and interest and include in the current quarter TDS return?
Please guide me if there is clarification in a TRACES or IT section about this process.
CAclubindia
