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Tds penalty

This query is : Resolved 

23 January 2012 Dear sir ,


this is phani kumar please tell me about tds penalty code on chalan i was submitted challan 281 fill amount in penalty col um but the bank office asked to me mention penalty code

23 January 2012 fill the code 400 TDS/TCS Regular Assessment (Raised by I.T. Deptt.)

23 January 2012 (400)TDS/TCS Regular Assessment (Raised by I.T. Deptt.)

For Penalty : Codes have not been prescribed

As a general rule , Mention last three letters of the section code of penalty . e.g .if penalty imposed under section 272BB - mention 2BB




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