Applicability of challan code 400 while payment of tax

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28 Points Posted on 18 February 2015

I have received a notice from traces for payment of penalty u/s 234E. I am confused regarding the challan code 200 and 400. Am i required to pay tax under payment by deductor (200) or under regular assessment by IT dept (400) in challan 281. Please also tell me when is code 400 applicable?

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On 18 February 2015 at 14:14 Report
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Officer Account
36 Points Posted on 19 February 2015
 Deductor should use  400 code in Challan 281 for making any payment  only  when demand has been raised by Income Tax Department. 
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On 19 February 2015 at 11:40

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