Tds filing on property sale/purchase through form 26qb

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2015 As a buyer of a property (value more than Rs 50 Lakhs) I am supposed to deduct 1% (TDS) of every payment made to the seller. But I was alte in depositing TDS. For a payment done in January,2015 I filled up form 26QB and deposited TDS in March (06.03.15) for which I have paid interest for two months which later on I came to know should have been paid for three months. I want to pay the balance interest amount for one month. How can I do that now? 26QB form does not accept only interest amount to be paid. In the next payment to be made by me for which I shall deposit TDS, can I add this non-paid interest amount while filling up 26QB form for the next amount to be paid?

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 March 2015 https://www.charteredclub.com/tds-payment/

can follow this for filling balance int.

Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2015 Thank you very much for the response.
But my question was in case by mistake I pay 2 month's interest while submitting 26QB instead of 3 month's interest , then how to correct this mistake?
I have TDS deductions to be made by 7th April for the payment I have received in March.

CS,CA F,Numrologi TusharSampat

CS,CA F,Numrologi TusharSampat (Expert)
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12 March 2015 then with a new challan make the balance payment for 1 month ok?

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