Interest calculation on tds late payment

Dear All,

Nov’2012 we download a Justification report for our TDS return default. A interest value of Rs 2817/- showing on that default statement. We checked that default statement and submit a correction statement with addition of Rs. 2800/- interest challan and which accepted by Department. But we recently received a Intimation U/S 200A from TRACES with a default amount of Rs. 1050/- (after adjusting previous Rs. 2800/-; i.e. (3850-2800=1050)). 

Please said that why this due default generated ?

Replies (2)

When Did You Dload The File Which Said Rs. 2817 ??

 

When Did You Actually Pay Rs. 2800 ??

Sir,

First we received a intimation mail from NSDL 1st week of June'2012 for Financial Year 2011-12 Qtr1 Non Salary TDS return. And we deposit Interest TDS amount on 2800/- on 14-06-2012. But due to transition period of TDS database from NSDL to TRACES, consolidated file downloading was temporary suspended by both NSDL and TRACES.

And for that we submit our correction statement for Financial Year 2011-12 Qtr1 on 03-12-2012 with adding a challan of Rs. 2800/- for interest.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 07 October 2026
Article Trainee/ CMA Trainee

RMA And Associates LLP

New Delhi

CA Inter

View Details
Company
Featured ARTICLESHIP 31 October 2026
CA Articleship

apricus india

Navi Mumbai

CA Inter

View Details
Company
ARTICLESHIP 17 October 2026
Articled Assistant

RRPM & Associates LLP

Chennai

CA Inter

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 29 October 2026
Article Assistant (CA Inter / CMA Inter) - Thrissur

Varma Raja & Associates

Thrissur

CA Inter

View Details
Company
ARTICLESHIP 28 October 2026
Article assistants

Shyam S Gupta and Company

New Delhi

CA Inter

View Details