Tds u/s 194ia - sec 234e
This query is : Resolved
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.
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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.
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28 April 2015
Once again THANK YOU SIR
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