Interest problem

This query is : Resolved

sajeesh (Querist)
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18 August 2014 sir,

I have tds filed 09-07-2014.the statements was ' processed with default' amount is late filing fee 11000, cess 97, interest 114.
The tds filing correction in 14-08-2014.after the letter of intimation is interest u/s 201 Rs. 114, interest u/s 220(2) 111. total amount is Rs.225 what is the two interest ?. may i want to pay interest amount?

A.Senthil Subramanian

A.Senthil Subramanian (Expert)
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19 August 2014 Your Query is not in clear picture. But, as per my understand Interest Rs.114 may be for your late payment of challans in the regular ETDS return filed. Interest Rs.111 may be for 11000 late filing fee for one month. To know clearly you may download "Justification Report" It surely will show you clearly. Interest should be paid and a correction return should also be filed by adding the Interest paid challan details.