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Intimation received under section 234E

This query is : Resolved 

04 February 2022 my Company received intimation under section 234E for late filing of TDS returns.
My Question are intimation received under 234E penalty amount mandatory payment , if payment not made then Interest can be paid @ 1% on monthly basis or part of month.
if Amount deposited under code 200 instead of 400 any problem can be arised.

04 February 2022 Penalty payment mandatory.
No problem in code file TDS return.



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