Form 26qb late payment notice

Dear Experts,

 

I recieved a late payement charge for the 1% TDS for property that I have made. Given below are the details.

Date of Deduction/Credit as Per 26QB : 29-May-2015

Due Date of Deduction : 29-May-2015

Date of Deduction as Per 26QB : 03-Jun-2015

TDS Deductable : 7575

Perios of Delay : 2 Months

Interest of Late deduction : 2 months (Date of Deduction as per 26QB - Due Date of deduction)

Late payment on deduction : 7575*2*1%

Why os the late payment charge levied since I have made TDS deposit within 7 days of the from the end of the month of deduction.

Please advise.

Thanks,

Jaya

Replies (4)

Hi Jaya,

 

It seems an error from the department. You may write to your ITO with all document. AO will wipe off the demand.

Thanks!

what is your registration date and whta is your TDS deposite date?

YOU HAVE TO DEDUCT IN MAY BUT YOY DEDUCT ON 3RD JUNE.

It is a property under construction. The TDS was deducted 03-Jun-2015.

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