Get 3 Yrs of CCI Pro Membership at Greater Value. Subscribe Now!

Tds late filling penalty

781 views

Save Share

Join Us Follow Us Add as Source

Amit Kumar

Accountant

136 Points Posted on 16 August 2013

Dear All,

We have received the notice for late filing previous 2012-13 interest & penalty notice now I want to know that how can i deposite the amount of penalty in online Challan 281 for TDS because their only interest coloumn is showing and what about penalty coulmn and if both will entered in the interest coloumn I am confused please resolve the question clearly

Thanks in ADVANCE

Amit Kumar

Replies (1)

Arvind Sharma

ACA

1090 Points Posted on 16 August 2013

while paying that Interest, fill "Interest" box under Amount (TDS amount Nil) and in case of Fee u/s 234E, under amount Column you will found "Late Filling Fee u/s 234E", and if not found, fill in "Other" box. DO NOT PAY AS PENALTY as it is not a Penalty but a Fee.

And under type of payment, if the notice is against Form 24Q, select 92B and in can of Form 26Q, select any of that section under which originally TDS were deducted & deposited and filed in statement.