Tds

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vijay kumar (Querist)
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17 November 2012 Dear sir,

I want to know that in which code we should deposit interest on late payment of TDS raised by I/T Deptt because the interest raised by I/tax on 26q1

thanks

Soumitra Basu

Soumitra Basu (Expert)
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18 November 2012 FILL ONLY THE INTEREST COLUMN.

A.Senthil Subramanian

A.Senthil Subramanian (Expert)
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18 November 2012 Hai Vijaykumar, verify the 26Q of the already filed TDS return for which Interest is demanded. Identify for which sections code the original TDS return filed.(94A, 94C etc). Or download the Default status of the return and you can see the sections. If more than one section, fill the highest amount bearing section code. Quote the section but fill the Interest column and tick the 400 head in the 281 challan.