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Urgent matter

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(Querist)
24 August 2011 sir,
our client had deducted tds on time but deposited after 12 months from the due date with interest. now he received notice from income tax department u/s 276B.Now what we have to do,please guide us.......urgent
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
24 August 2011 Section 276B applies when you fail to pay TDS U/s.194B or non payment of tax on distributed profit as per sec.115-O, please check the same and reply accordingly
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ankit kapur

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ankit kapur (Querist)
26 August 2011 sir,
we have deducted tds U/S 194C ,still we have received notice from department u/s 276B..........so there is any remedy available to us............
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