CA.Kanhaiyalal Gupta (Taxation Incharge) (290 Points)
28 June 2013Dear All,
We have received one notice from TRACES intimation u/s. 200A of the Income Tax Act 1961, for interest on late payment of TDS amount.
My question is that in which section i can pay my interest on late payament of TDS amount ( Like 194A or else)
manoj katara
(Service)
(209 Points)
Replied 28 June 2013
Dear sir,
Login to tds traces of the client Id
Download the default report from tds traces.
Check on which section late payment liability has been arise,
Fill the same section in challan 281 & pay the interest amount accordingly,
earlier they use to send the default report along with demand.
hope it will meet your requirements.
CAclubindia
