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. ?
Menu
Rectification of error in tds paid
Replies (2)
You can revise the return by adding the challan you paid , you need not rectify the challan of Rs. 37000 .When i contacted TDSCPC they said that wen u pay challan , you also need to revise your return so that there system can be updated that you have paid the interest otherwise it will keep on adding the interest.
Recent Threads
- Closing Stock111
- INVOCIE GENERATED FROM ONE COMPANY AND EWAY BILL G
- Ineligible itc under section 16(4) & itc restr
- Itc on when mixed sales percent in hospitality
- Apply for GST registration while working in MNC
- Deferment period for Advance Tax under Section 234
- Permanant transfer of duty free goods by Advance A
- 1% TDS Deduction on Property purchase through inst
- Tax on leave encashment on retirement
- Guidance Required on Notices Under Section 234B Af
Related Threads
CAclubindia
