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I resigned from private company where I put less than 5 years service and withdrawn entire EPF.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I resigned from private company where I put less than 5 years service and withdrawn entire EPF.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.
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