TDS NOTICE AFTER CORRECTION - Professionals - Taxation - TIK Share
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Kamaldeep Singh


Hi all,

I recently paid an outstanding demand of tds cpc on the behalf of my client. It comprised of interest on late payment rs. 4820, 234E rs. 3400 and interest u/s 220(2) on the total of the said two amounts rs. 820/-.

Then I revised the return after adding the challan in the correction statement. I reported the 234E figure of rs. 3400/- in the late fee column and rs. 5640 being interest (4820+820) in TDS/TCS Interest (As per deductee Annexure) column.

Now again my client has recd. a demand notice claiming Rs. 820 of 220(2). They have turned off the demand of 4820 and 3400. But kept intact the demand of 220(2).

I am sure this is a case of wrong reporting from my side. At which place do I show the Interest paid u/s 220(2) in correction statement to nullify such demand.

Kindly help.



Login to Traces and First check whether interest U/s 220(2) is showing Rs. 820 or 1640.

Then proceed further. If it is showing Rs 820 only then Just call Traces and tell them to check the current status. Because Traces will adjust the amount though if you have entered in wron coloumn.