Tds late filing

When I try to pay the penalty for late TDS filing, what Nature of Payment should I choose? In Type of payment, I chose "(400)TDS/TCS Regular Assessment (Raised by I.T. Deptt.) ", but in Nature of Payment I have 193, 194, 92A, 92B.. etc ..etc.. But which one is applicable for penalty?

 

Replies (4)

 I think generally, Use 281 Challan, Opt 400 (if raised by IT dept), Opt 194C (if relating to Form26), after entered into Bank site left the coloumns like tax, sc, ed.cess, Interest and fill at the Column FEE and remit the late filing fee amount U/s 234E. Upload correction e return which is downloaded from Traces and fill the challan paid for late payment...wait for experts of e-TDS and do accordingly.
 

Nature of Payment seems to be a mandatory field. I don't see anything that relates to 234E.

I do not think penalty need be paid. Thre are various high court judgments and parties obtained stay, Better not to pay. Contact your Auditor for the same/ 

Yes do not pay the penalty. I am heading my department in Chennai. I never paid penalty though I filed returns late. Penalty is not justified. 

 

Jayam Ramesh K C 

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