TDS under Sec 192A
This query is : Resolved
17 June 2023
Sir,
I resigned from private company where I put less than 5 years service and withdrawn entire EPF. EPF department paid the amount after deducting TDS 10% Rs 48000 during Mar'23. Immediately I paid advance tax Rs. 97000 during Mar 23.
Now while filing online return I selected year of TDS as 2022, since there is noboption for 2023 and entire amount as tds credit claimed this year. The system is calculating interest for delayed payment. There is no fault on myside.
Please help how resolve the issue.
Thanks & Regards,
I resigned from private company where I put less than 5 years service and withdrawn entire EPF. EPF department paid the amount after deducting TDS 10% Rs 48000 during Mar'23. Immediately I paid advance tax Rs. 97000 during Mar 23.
Now while filing online return I selected year of TDS as 2022, since there is noboption for 2023 and entire amount as tds credit claimed this year. The system is calculating interest for delayed payment. There is no fault on myside.
Please help how resolve the issue.
Thanks & Regards,
18 June 2023
Advance tax paid in March only so interest will be calculated, you can't avoid it.
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
