in clause 34C of 3CD, whether we have to report interest on tds paid during the previous year or interest on tds pertaining to relevant PY paid at anytime maybe during next financial year.
Ex. In PY 2020-21 Interest on tds paid is Rs 700000. Out of this 50,000 pertains to PY 2019-20 and also interest of Rs 1,00,000 is paid in PY 2021-22 pertaining to PY 20-21.
Now in clause 34C, whether we have to report
(a) interest paid during the previous year 20-21 ie Rs 7,00,000 or
(b) interest pertaining to PY 20-21 ie
=7,00,000-50000+100000
=7,50,000.
which one we have to report,
please answer
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