Intimation u/s 200a

Hi Mr Sivaprasad

I think there would be mismatch in challan detail you have entered for your tds return thats why system had charged you for  "interest till intimation is generated", basically this will be interest on the challan amount which is not matched in tds system and system shows it as unpaid. There is no need to deposit this demand of till intimation generation only rectify your return with correct challan detail and deposit the first demand of interest on late deposit of tds only

regards

Rinku Rawat

Dear Sivaprasad M.

You have to pay both kind of Interest.

First one is charged for delay deposit of TDs i.e. 1.5% from date of deduction to date of deposit.

Second one is penal interest charged U/S 220(2), i.e. 1% from date of deposit of tax amount till date of deposit of interest amount.

The second one is also compulsory to deposit.