Tds related

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

07 July 2013 Recently for Qtr 4 non-salary our company received a notice stating that interest is required to be paid and had calculated interest upto May'13. But the company had paid tax alongwith interest on 27.04.13 and filed the return by 9th of May'13. The difference between them and ours is of only 1 month. it means we had paid correct interest. We approached the commissioner having jurisdiction of our company showing each and every document of interest paid, the commissioner in response said that they do not have any right for rectification and we will have to approach people from where the demand notice generated i.e. Gurgaon. Sir we are located in Mumbai and having no fault, for such thing have to go Gurgaon. Action taken by co. had called the customer care but it seems the lines are very busy even after waiting for half an hour in line our calls are disconnected and lastly mailed the same explanation to the email id:contactus@tdscpc.gov.in, but till yet received no reply.
What to do??????????

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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07 July 2013 If you are correct write a request letter for correction in demand notice along with all the relevant documents in support of your explanation.

Also check the interest calculation, interest on late payment of TDS is not calculated on days basis. Its 1.5% per month or part thereof. So even for a delay of 1 month and 1 day, you will have to pay interest of 2 months. So please also check it before sending the letter.

Querist : Anonymous

Querist : Anonymous (Querist)

09 July 2013 Sir,I have checked the interest portion & had correctly paid i.e Rs. 2387 calucalted on month basis upto April'13 and tax alongwith interest was paid on 27.04.13. The only difference between their calculation and of ours is only of 1 month. i.e. of May'13 thats why their interest amount is Rs. 2443/- which the demand notice clearly states. One more thing you said that we need to send a letter
but where?????
to whom?????

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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09 July 2013 You need to send letter from where you received the Notice along with a C/C to your TDS AO.

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