KULKARNI (ACCOUNTANT) (31 Points)
01 February 2018HI,
We received intimation u/s 200a/206cb of the income tax act,1961,for to pay interest on late payment,
1] if i had filed return for Q3 (26Q).in two Nature of Payment 1] 94J 2] 94I and now under which Head i have to pay interest on late payment,
2] after paying interest on late payment what are the next steps i have to take, is it once again i have to file the return.
thank you
ujjaishravan
(accountant)
(212 Points)
Replied 01 February 2018
"if i had filed return for Q3 (26Q).in two Nature of Payment 1] 94J 2] 94I and now under which Head i have to pay interest on late payment,,"
Section code is not relevant for paying Interest. But since it is mandatory field in Challan payment page, select any one section as mentioned in your return.
"after paying interest on late payment what are the next steps i have to take, is it once again i have to file the return."
Yes. You should file a online correction to include such interest challan to your return and while adding the challan, you must claim the amount against interest.
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