Interest on late deduction u/s 201(1a)

353 views 4 replies

We paid Rs. 13000 U/S 94J dated on 1st Aug,2016 & Tds Deducted On Same Day However I deposited TDS online in Government dated on 4th Aug,2016.We got notice for Interest on Late Deduction U/S 201(1A) with 1 month delay in payment.

Is It Correct?

If not Correct than what to do?

Replies (4)
1st of all you paid rs 13000 for the month of aug, 16. So your due date of payment is 7th of the sept, 16.
And you have paid in aug, 16.
Than you haven't any delay payment.
Therefore this notice is for separate issue not for this issue.

Then How to reply notice?

 

How to reply notice?

Go to IT dept with notice and relevant documents.

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