Interest refund or not

TDS 287 views 1 replies

Ramanuj

Accountant.

834 Points Joined May 2008

Dear all

I have paid Interest u/s 234e before 31.05.2015 but now that its is not applicable before 31.05.2015. Its applicable on 1.06.2015. If Before amount have paid. what do to ?

Thanks & Regards

Ramanuj

Replies (1)

Manoj BG

Tax Professional and in Service

1795 Points Joined June 2009

Hi Ramanuj,

Sec. 234E not related to interest, It refers to late filing fees for TDS return which is Rs.200 per day from the next day after due date till the date of filing of TDS returns. Due date for filing TDS return for Q4-FY 2014-15 is 15th May, 2015. So any delay thereafter would liable for late filing fees u/s 234E

Thanks and Regards,

Manoj B. Gavali