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TDS Challan for Interest Payment, Income Tax |
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TDS Challan for Interest Payment |
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A firm pays interest for a FY for delay in remitting the TDS amount as per Sec 201. The entire TDS amount will contain TDS deducted under various sections of 194. Do we need to prepare seperate challans for this interest payment for each section seperately. Posts / Replies Showing Replies 1 to 1 of 1 Records Page: 1
The challan no. 281 shall be utilised for making the interest payment for Consequences of failure to deduct or pay in case of TDS.
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