I paid an installment for purchase of property to the builder on 25th June and paid TDS thereon on 29th June. Based on the TDS challan filed by me , I have received an intimation demanding payment of interest of ₹210/ on late deduction. How far the claim is tenable?
Don’t I have time till 31st July?
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Hi,
Yes, the buyer needs to file Form 26QB within 30 days from the end of the month in which the tax deduction is made. This may have happened due to some incorrect details entered while filing the form.
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