Tds outstanding demand

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This query is : Resolved

preet prakash (Querist)

10 January 2015 Hi All
I have received Notices for TDS demand u/s 200A for the F.Y. 2009-10 short payment 50610/-,short deduction 160/-, interest on short payment & deduction 18010/-&30/-, interest on late payment 116/-
how pay this in challan 281. ?????????
which section should i use 200/400 ?????
thnx
preet

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

10 January 2015 Code 400 should be used. Choose any one section to which such payment relates.

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preet prakash

preet prakash (Querist)

10 January 2015 can use the colomun in Chln 281
Income Tax(TDS) for short deduction & short payments & interest under interest column & u/s 220(2) in penalty column?????????
thnx
preet

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

10 January 2015 You should show the interest in Interest column.

preet prakash

preet prakash (Querist)

10 January 2015 WHAT ABOUT SHORT DEDUCTION & SHORT PAYMENTS IN INCOME TAX COLMUN OR INTEREST OF OTHERS ??????????
PREET

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

10 January 2015 It has to be in Income Tax column as these are TDS which should have been deducted but was short deducted.

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preet prakash

preet prakash (Querist)

10 January 2015 what about u/s 220(2)
thnx

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

10 January 2015 It is interest amount only and needs to be paid under interest column.

preet prakash

preet prakash (Querist)

12 January 2015 Hi
i paid intetest amt 850/- F.Y.2014-15 twice, can i use one chalan for F.Y.2013-14
against interest.
thnx

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)

12 January 2015 Use separate challan to deposit interest for different quarters so that you can match the challan against outstanding demand of the respective quarter.

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