Hi - Today I received a notice from TDS for defaults - as below
"1. This is to give you a notice that a sum of Rs. 1200.00 (including interest) has been determined to be payable by you in respect of the statement
filed by you as above.
2. The sum has been determined u/s 200A of the Income Tax Act, 1961 in respect of the TDS statement as considered above. The brief summary
of sum payable is mentioned as below:"
Details of payment done were -
TDS Paid - 60000 for payment of 60L towards disbursement to builder
Date of payment to builder - 26-Feb-2016
Date of on which Tax deposited - 7-Mar-2016
Order Pass Date (mentioned in notice) - 11-Mar-2016
Can you please help me to understand how they showed outstanding as 2400 (I got 2 notices for one payment 1200 each)
CAclubindia
