Applicability of challan code 400 while payment of tax

TDS 4227 views 1 replies

I have received a notice from traces for payment of penalty u/s 234E. I am confused regarding the challan code 200 and 400. Am i required to pay tax under payment by deductor (200) or under regular assessment by IT dept (400) in challan 281. Please also tell me when is code 400 applicable?

Thanks

Replies (1)
 Deductor should use  400 code in Challan 281 for making any payment  only  when demand has been raised by Income Tax Department. 


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