Correction in 26QB filed for late TDS filing

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Vivek Mittal

5 Points Posted on 19 August 2025

Hi,

I was supposed to pay a TDS for a payment that i had made to a builder by 31st July However, i forgot and made this payment on 1st August.. with following details:

Payment made : INR 714568

Date of payment : 15 June 2015

Total TDS : INR 7150

I received a default notice from traces which suggested an interest and some fine on Aug 7. So i made another payment using form 26QB with the following details:

Payment made : INR 714568

Date of payment : 15 June 2015

Total TDS : INR 1

Interest : 320

Fine : 400

Total payment: 721

However, i again got a default notice and it seems that traces system is treating this as a separate payment to builder and is not able to reconcile between these 2 payments.

How do i resolve this?

regards,

Vivek Sheel Mittal

Replies (2)

Rama chary Rachakonda

Master in Accounts & high court Advocate

9615 Points Posted on 20 August 2025

Explain the situation about the default notice and how the system is not reconciling the payments.

Vivek Mittal

5 Points Posted on 20 August 2025

Thanks. Here is my observations:

The first notice, based on first 26QB challan, indicate a late payment and suggests a interest of INR 319 and a late fee/fine of INR 400.
The second notice, based on second 26QB challan, adjusts my entire payment of INR 721 (even though i mentioned a TDS = 1, interest = 320, Late fee = 400 in my 26QB filing) and notes a shortfall of 7150-721 = INR 6429. It also further mentions additional interest and late fee to be deposited for the TDS shortfall.

So i conluded that when traces system processes my second 26QB, it does not understand that i have already made a TDS payment for the same payment to builder (even though i have mentioned that amount and date of payment) and treats this as a new payment to builder.

I hope that explains.

regards,

Vivek Sheel Mittal