09 January 2014
I have filled Form 26QB correctly as under :-
TDS amount Rs. 6455 Interest Rs. 775
However, while making the payment yesterday online through netbanking, I have filled total amount i.e. Rs. 7230 as tax amount and interest amount as zero.
I think now TDS certificate will be generated for Rs. 7230 and no amount will go to ITD on account of interest for late deposit.
Please inform the procedure in case this can be rectified before generation of TDS certificate.
Alternatively, I can pay Rs. 775 again as interest in order to meet out my responsibility. How that can be done ?
09 January 2014
Its not a big deal that you paid whole amount as TDS(not bifurcating Interest) as far as you have paid the same. All you need to do is issue certificate for Rs. 6455 and not Rs. 7230.
You have to manually update in your system for generating this certificate.
CAclubindia
