|Deduction Month||Payment Due Date|
Procedure for payment of demand raised against TDS on sale of property by CPC-TDS has been listed below stepwise:
Payment of demand raised against TDS on sale of property has to be paid through the URL https://onlineservices.tin.egovnsdl.com/etaxnew/tdsnontds.jsp and select “Demand Payment” option.
The following below mentioned screen will open by clicking on the ‘Demand Payment” option. Click on “Demand payment for TDS on property”
Please fill all four mandatory fields and the text shown in the image and then click on the “submit “button.
The below mentioned screen will appear by clicking on the “Submit” button.
Follow these Steps for demand payment:
-The communication reference No. as reflected in your intimation letter is mandatory to be filled.
-Demand of Short deduction(S.No. 1 of intimation letter) is to be filled in the’ Principal Tax’ row.
-Sum total of Demands of all Interests(S.No. 2(a),3(a) and 3(b) of intimation letter) is to be filled in the ‘Interest’ row.
-Any penalty levied is to be filled in the “Penalty” row
-Late filing fee u/s 234E (S.No. 4(a) of intimation letter) is to be filled in’ Fee’ row.
-System will automatically calculate the total of all rows .It should be noted that the total amount in both the columns i.e” Demand as per intimation” and” Demand being paid” should be exactly same ,otherwise the system will not allow buyer/deductor to proceed further .
-After filling all necessary details click on the “Proceed” button for e-payment of the demand.
The below mentioned screen will be displayed. Click on “Submit to bank for e-payment” tab for the successful e-payment of your demand.
Due Date for payment of TDS is 7th March 2017 for tax deducted during February 2017
In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every month or every part of the month during which the amount is not deposited with the government.
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2 March 2017 – Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of January, 2017
7 March 2017 – Due date for deposit of Tax deducted/collected for the month of February, 2017. However, all sum deducted/collected by an office of the government shall be paid to the credit of the Central Government on the same day where tax is paid without production of an Income-tax Challan
15 March 2017 – Due date for furnishing of Form 24G by an office of the Government where TDS for the month of February, 2017 has been paid without the production of a challan
15 March 2017 – Fourth instalment of advance tax for the assessment year 2017-18.
15 March 2017 – Due date for payment of whole amount of advance tax in respect of assessment year 2017-18 for assessees covered under presumptive scheme of Section 44AD.
17 March 2017 – Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of January, 2017
30 March 2017 – Due date for furnishing of challan-cum-statement in respect of tax deducted under Section 194-IA in the month of February, 2017
31 March 2017 – Last date for declaration of undisclosed income under Pradhan MantriGaribKalyanYojana, 2016.
31 March 2017 - Due date for payment of second installment (i.e., 25% of tax, surcharge and penalty) under Income Declaration Scheme, 2016.
Source: Income Tax