Regarding payment of tds under section 234e

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Querist : Anonymous

Querist : Anonymous (Querist)

20 November 2013 Hi Experts,

I have a query. I need to pay tds(late filing penalty) u/s 234e but no bank is accepting the challan. They say upload it by online. In online it is asking for code we cannot find code 34e. How to pay the penalty under sec 234e (tds)

Ganeshbabu K

Ganeshbabu K (Expert)
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30 December 2013 While making the online payment of the challan you will find a field on ‘Penalty’, you can add the amount in that section. Further, it is more important to show that amount as late fee in the TDS returns you file.
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Choose any code to enter challan..
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banks may accept if you put atleast one rupee in incometax coloumn and fee for 234 e in that coloumn

Ganeshbabu K

Ganeshbabu K (Expert)
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30 December 2013 The default amount will have to be deposited through challan no. 281. Download conso file from TRACES for filing correction and tag the paid challan without adding any deductee records. While filing correction, fill up the fee amount in ‘Fee’ column in challan detail.

Note: There is no need to send any communication to TDSCPC separately.

Late filing correction in RPUFor example: Due date of filling of TDS statement form 26Q for Quarter 4 is 15th May , however statement 26Q has been filed with the delay of two(02) days. So deductor is required to quote late filing fee of Rs. 400.00( Rs. 200.00*2) as given below:

The “column” number for quoting of “fee” form wise is as under:

Form Type

Fee Column

24Q 305
26Q 404
27Q 706
27EQ 656

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