Tds u/s 194ia - sec 234e
This query is : Resolved
Sai Sundar
(Querist)
20 April 2015
Dear Sir / Madam
One of our clients who has purchased an immovable property during FY 2013-14 has duly deducted and deposited TDS in challan-cum-statement no 26QB. Since he has filed 26QB belatedly, he has now received IT department order asking to pay Interest u/s 201 and Late filing fee u/s 234E.
There is no explicit guidance regarding the procedures to pay Sec 234E for Form 26QB
Kindly guide us as to how to make the payment under which CHallan (ITNS 280 or 281) and which code to select.
One of our clients who has purchased an immovable property during FY 2013-14 has duly deducted and deposited TDS in challan-cum-statement no 26QB. Since he has filed 26QB belatedly, he has now received IT department order asking to pay Interest u/s 201 and Late filing fee u/s 234E.
There is no explicit guidance regarding the procedures to pay Sec 234E for Form 26QB
Kindly guide us as to how to make the payment under which CHallan (ITNS 280 or 281) and which code to select.
26 April 2015
You need to pay using 26QB. Mention the 234E amount under fees column. There is separate column for TDS, Interest and Fees.
Message likes :
1 times
Sai Sundar
(Querist)
27 April 2015
Thank u sir,
Client has already paid TDS ; only Sec 234E late fees to be paid; hopefully the form 26Qb challan allows for payment of "fees" alone without payment of "TDS"
Client has already paid TDS ; only Sec 234E late fees to be paid; hopefully the form 26Qb challan allows for payment of "fees" alone without payment of "TDS"
27 April 2015
Yes. You can deposit only fees without payment of TDS. ITNS 281 can not be used for this.
Message likes :
1 times
Sai Sundar
(Querist)
28 April 2015
Once again THANK YOU SIR
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- GSTR9 Annual Return
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Employee secondment
- Reward for festival
- Ito add credit side of bank
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Appointment of Auditor By Form ADT-1
- Capital gain on commercial property and investment in residential property
- Gift to nri relatives resides in usa
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- Need Professional Opinion - AY 2012-13 Old Demand & AY 2026-27 Refund Adjustment
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
