After uploading form 24 Q , we received a justification request showing non payment of interest for delayed payment of TDS in one month. The interest calculated by TRACES was Rs 37100.
We had calculated interest ourselves and paid it along with regular chalan forTDS for Rs 37,000/.But traces site has not taken cognizance of Interest because it was put in interest row of challan. It seems traces site ignores interest and miscellaneous payment rows in Challans.
So now how to rectify. Obvously Rs100 is to be paid by a fresh challan. For Rs 37000 shall I try to rectify the challan and then file a revised form 24Q ? Is there a simpler solution. ?
Rectification of error in tds paid
Manoj B (Managing Trustee) (31 Points)
28 December 2013
CAclubindia
