banner_ad

Interest on late deposit of tds

TDS / TCS 961 views 2 replies

As per defaults available on TIN's website, I have deposited the Interest on Late deposit of TDS and also calculate Late Payment Interest from Date of Deposit of Tax till Date of Processing and deposited the same as well.  I have also filed Revised TDS Return and added these Interest Challan.   Then I have again received Default file for the same period.  As per this Default, NSDL not given the credit of 'Late Payment Interest from Date of Deposit of Tax till Date of Processing' deposited by me.  Challan of both the Interests are same.  Is there is any other way to enter both the Interests?

Replies (2)

I have also received default details regarding interest on late deposit of tds for  quarter 4 of fy-10-11 and 09-10.

The interest amount is about 700 hunderd rupees in total.

After deposting such interest, will I have to revise both the returns??

please guide me.

No there is no need to revise the return for interest on late payment of TDS. you should deposit the interest in tax on regular assessment. You could moreover give the copy to your TDS officer alongwith covering letter.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
07 June 2026
Tax Associate

Rajkumar Jain & Co.

Ahmedabad

Graduate (Any)

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
26 May 2026
Senior Accountant cum purchase Manager

Vardhaman Group of India

Pimpri Chinchwad

CA Inter

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details