Interest on "interest on late payment u/s 201 (1a)" under tds

TDS 364 views 3 replies

Dear Friends

We got a notice from TDS

Kindly explain the calculation of Interest On "Interest on Late Payment U/S 201 (1A)" under TDS  and its section

Interest U/s 220 means what?

Expecting Immediate answers..

Thank You

Replies (3)
Originally posted by : SANJO POLY
Dear Friends

We got a notice from TDS

Kindly explain the calculation of Interest On "Interest on Late Payment U/S 201 (1A)" under TDS  and its section

Interest U/s 220 means what?

Expecting Immediate answers..

Thank You


Whats the amount?

Gross amount on which TDS was supposed to be deducted

Dear Mam

Thank you for your reply
I wants to know is there any section to levy interest on " Interest on Late payment of TDS". if any section there, kindly explain the calculation.

I just wants to pay the interest on " Interst on late payment " till date.

as per given notice Currently its arround 200,000.00

Am attaching one quarter defualt summary: On its coloured some sections. I wants to know what are they and its sections and calculation 

 

Thanx in advance 

Originally posted by : SANJO POLY
Dear Mam

Thank you for your reply
I wants to know is there any section to levy interest on " Interest on Late payment of TDS". if any section there, kindly explain the calculation.

I just wants to pay the interest on " Interst on late payment " till date.

as per given notice Currently its arround 200,000.00

Am attaching one quarter defualt summary: On its coloured some sections. I wants to know what are they and its sections and calculation 

 

Thanx in advance 

201(1)(a)


CCI Pro

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