Communication
Number 18, dated 29th January, 2014
CPC (TDS) follow
up communication for payment of outstanding Demand related with Late Filing
As per the records of Centralized
Processing Cell (TDS), the TDS Statement(s) for some of the quarters have not
been submitted within the prescribed due date.
Intimation u/s 200A of the Income
Tax Act, 1961 intimating an outstanding demand for the relevant quarters,
including demand under section 234E towards Fee for delayed filing of TDS
Statement(s), have already been sent by CPC (TDS) on Registered email
address and by post, at the address, as mentioned in the relevant TDS Statement
Your attention is hereby drawn towards
the provisions of section 234E of the Act, which reads as follows:
Levy for
Late filing of TDS Statement (Section 234E of Income Tax Act)
·
Without prejudice to the provisions
of the Act, where a person fails to deliver or cause to be delivered a statement
within the time prescribed in sub-section (3) of section 200 or the proviso to
sub-section (3) of section 206C, he shall be liable to pay, by way of fee,
a sum of two hundred rupees for every day during which the failure continues.
a sum of two hundred rupees for every day during which the failure continues.
·
The amount of fee referred to in
sub-section (1) shall not exceed the amount of tax deductible or collectible,
as the case may be.
·
The amount of fee referred to in
sub-section (1) shall be paid before delivering or causing to be delivered a
statement in accordance with sub-section (3) of section 200 or the proviso to sub-section
(3) of section 206C.
·
The provisions of this section shall
apply to a statement referred to in sub-section (3) of section 200 or the
proviso to sub-section (3) of section 206C which is to be delivered or caused
to be delivered for tax deducted at source or tax collected at source, as the
case may
be, on or after the 1st day of July, 2012.
be, on or after the 1st day of July, 2012.
You are advised to pay the
outstanding demand at an early date to avoid Penal Interest u/s 220(2)
of the Act apart from intimation of other recovery proceedings as per Income
Tax Act, 1961. If the demand has already been paid, you are requested to file a
Correction Statement by tagging the challan and the Justification report can be
verified for closure of demand, if the revision has already been submitted and
processed.
How to pay
the demand:
The following steps shall help you
analyze and pay the demand:
·
Download the Justification Report
from our portal TRACES to view your latest outstanding demand. Please click here for assistance on
downloading the Justification Report.
·
Use Challan ITNS 281 to pay
the above with your relevant Banker or use any other Challan, which has
adequate balance available
·
Download the Conso File from
our portal. Please use the e-tutorial for necessary help
·
In case of payment towards late
filing fee, please Tag the challan towards the payment, in the "Fee"
column" (Column Number 305 for 24Q, 404 for 26Q, 706 for 26Q) using RPU
Ver. 3.8, mentioning appropriate amount in such column and validate to
generate the FVU.
generate the FVU.
·
Submit the Correction Statement
at TIN Facilitation Centre.
·
The demand can also be paid by using
the Online Correction facility. Please refer to the e-tutorial for assistance.
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