Professional TDS Notice Reply for Parrys Corner businesses near Parry's Corner Building — and a zero-penalty filing record
TDS Notice Reply for wholesale and commercial heart of old madras businesses across the Parrys Corner pocket near Beach Railway Station — qualified review, a 7-year workpaper archive and fixed fees from day one. Call 9566-068-468.
Where a TDS challan was paid with a wrong TAN, AY, Section code or major head (200/400), the deductor approaches the assessing bank within 7 days (minor head) or the jurisdictional AO TDS within 90 days (TAN / AY / Section). The AO passes a correction order under OLTAS rules (CBDT Circular 11/2011). Corrected challan reflects in Form 26AS within 5-10 working days; the Online Correction C-1 / C-2 is then filed on TRACES to consume the corrected challan into the deductee statement.
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Expert TDS Notice Reply in Parrys Corner — qualified professionals, 15+ years experience, zero-penalty track record.
Once Form 26A is accepted on TRACES, the second proviso to Section 40(a)(ia) is invoked in the deductor's Section 143(3) assessment to defeat the 30% expense disallowance — Form 26A pulls double duty for Parrys Corner clients.
Our team handles every Online Correction category — C-1 challan correction, C-2 add challan, C-3 personal info, C-4 salary detail, C-5 deductee detail, C-6 row movement, C-7 PAN-Aadhaar, C-8 add challan with row, C-9 PAN correction. Conso File downloaded, corrected, validated through FVU and uploaded same day.
Where the underlying statement is correct but CPC-TDS has wrongly raised default — challan paid but not visible due to OLTAS / BIN issue, double-counted interest — Default Rectification Request is raised on TRACES; CPC-TDS Ghaziabad responds in 30-45 days.
For Section 195 short-deduction on software / cloud / SaaS payments to non-residents, Engineering Analysis Centre of Excellence v. CIT [2021] 432 ITR 471 (SC) is invoked — payment is not royalty under DTAA Article 12, no TDS obligation, no 201 default, no 40(a)(i) disallowance.
Short-deduction defaults under Section 206AB are defended by producing the dated Compliance Check screenshot from the Reporting Portal proving the deductee was NOT a specified person at the time of payment. Status snapshot is the dispositive evidence.
Where non-deposit of TDS exceeds ₹25 lakh threshold triggering compulsory prosecution under Section 276B, we coordinate full deposit of TDS + 1.5% interest, file compounding application under the latest CBDT Compounding Guidelines dated 17-Oct-2024 — criminal proceedings closed before trial commencement.
Every TDS Notice Reply engagement delivers measurable, guaranteed outcomes — expert professionals, on time, every time.
Why this matters here — Across Parrys Corner, the cluster of wholesale trade, banking, government businesses that defines Parrys Corner's commercial fabric. Practitioners note that served by short connections to Broadway and Sowcarpet and onward to central Chennai.
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Miss any of these and the next consequence kicks in automatically.
Deadlines in this neighbourhood — Across Parrys Corner, the business activity radiating outward from Parry's Corner Building and nearby commercial pockets.
Deadline pressure points we see in Parrys Corner: For Parrys Corner engagements specifically — for Parrys Corner businesses balancing growth ambitions with tight statutory compliance.
Forms most asked about here — Across Parrys Corner, where wholesale trade businesses dominate the local compliance profile.
Downloaded by the deductor from TRACES, used as the source dataset for preparing online or offline corrections to an earlier-filed quarterly statement.
Auto-generated PDF and CSV report listing default heads — short payment, short deduction, late deduction, late payment, interest and fee — against a processed quarterly statement.
Certifies that the deductee has filed return, included the receipt and paid the tax, thereby extinguishing the deductor's deemed-default exposure.
Carries deductee-wise particulars of tax deducted from salary payments under Section 192, with Annexure II in the fourth quarter for salary computation.
Carries deductee-wise particulars of tax deducted on payments to residents other than salaries — Sections 194 to 194T as applicable.
Carries deductee-wise particulars of tax deducted on payments to non-residents under Section 195, with country code, residential status and DTAA rate fields.
Carries collectee-wise particulars of tax collected under Section 206C, covering scrap, timber, motor vehicles, foreign remittance and overseas tour package items.
Issued to salaried employees evidencing tax deducted under Section 192, carrying Part A from TRACES and Part B with detailed salary computation.
Every claim on this page can be traced back to a section or rule below.
Statutory hooks that bite here — Across Parrys Corner, where wholesale trade businesses dominate the local compliance profile.
Sub-section (1) of Section 200 of the Income-tax Act 1961 casts an obligation upon every person deducting any sum in accordance with the provisions of Chapter XVII-B to pay the sum so deducted to the credit of the Central Government, within the prescribed time and in the prescribed mode. It is to be noted that the obligation is fastened on the deductor in his capacity as an agent of the revenue, and the deposit is a precondition for the deductee being entitled to the corresponding credit. Sub-rule (1) of Rule 30 prescribes seven days from the end of the month of deduction, except for March deductions where the cut-off is the thirtieth day of April.
View sourceSub-section (1) of Section 201 provides that where a person who is required to deduct tax fails to deduct, or, having deducted, fails to pay the whole or any part of the tax to the credit of the Central Government, he shall be deemed to be an assessee in default in respect of such tax. The first proviso, inserted with effect from the first day of July 2012, carves out a relief — the deductor shall not be deemed in default if the deductee has furnished a return under Section 139, has taken the receipt into the computation of total income and paid the tax due, and the deductor furnishes a certificate in Form 26A from an accountant.
View sourceSection 271H provides that without prejudice to the provisions of the Act, the Assessing Officer may direct that a person who fails to deliver a statement within the time prescribed in Section 200(3), or who furnishes incorrect information in such statement, shall pay, by way of penalty, a sum which shall not be less than ten thousand rupees but which may extend to one lakh rupees. Sub-section (3) carves out an immunity where the tax, interest and fee have been paid and the statement has been delivered before the expiry of one year from the time prescribed for delivery. It is to be noted that the immunity is statutory and not discretionary.
View sourceSub-section (1) of Section 154 empowers an income-tax authority to amend, with a view to rectifying any mistake apparent from the record, any order passed by it under the Act or any intimation or deemed intimation under Section 143(1) or Section 200A(1). Sub-section (7) prescribes an outer limit of four years from the end of the financial year in which the order sought to be amended was passed. It is to be noted that the scope of mistake apparent from the record is narrower than error of law, and is confined to mistakes that are obvious and patent on a plain reading of the record.
View sourceSub-section (2) of Section 220 provides that if the amount specified in the notice of demand under Section 156 is not paid within the period of thirty days, the assessee shall be liable to pay simple interest at one per cent for every month or part of a month from the day immediately following the end of that period. It is to be noted that this interest is in addition to the interest already computed under Section 201(1A) up to the date of the demand notice, and the two streams are not mutually exclusive. The Board has clarified in Circular 334 of 1982 that interest under sub-section (2) is automatic and not discretionary.
View sourceSub-section (6) of Section 220 empowers the Assessing Officer, in his discretion, to treat the assessee as not being in default in respect of the amount in dispute, on such conditions as he thinks fit to impose, where an appeal under Section 246A is pending. It is to be noted that the Central Board of Direct Taxes has, through Instruction 1914 dated the second day of December 1993 read with the Office Memorandum dated the thirty-first day of July 2017, prescribed a twenty per cent pre-deposit norm as the ordinary condition. The discretion is reviewable by the Principal Commissioner under sub-section (6A).
View sourceWhich of these bite hardest in Parrys Corner: For Parrys Corner engagements specifically — where wholesale trade businesses dominate the local compliance profile.
Parry's Corner is the historic commercial heart of old Madras a dense cluster of wholesalers banks government offices and the Chennai Port operations centre. Parrys Corner (PIN 600001) falls under the Broadway Division of the Chennai North, the jurisdiction that handles statutory matters for businesses at this PIN. Every Parrys Corner engagement we open begins with the basics: PIN 600001, the Broadway Division, and the coordinates 13.0922, 80.2870 that anchor the locality. The 600xx geo-zone covering Parrys Corner groups several locality clusters under common administration, keeping documentation expectations predictable.
The businesses clustered around Parry's Corner Building in Parrys Corner drive the bulk of the TDS Notice Reply workload we see each cycle. Most commerce in Parrys Corner — invoices, expenses, purchases and statutory records — eventually surfaces in the TDS Notice Reply working file we maintain for clients here. Document pickup near Parry's Corner Building is a same-hour errand for our Parrys Corner engagements rather than the half-day a typical Chennai client expects. The wholesale and commercial heart of old madras mix of Parrys Corner shapes what lands in our workpapers — a blend of shipping activity and the commercial pulse around Parry's Corner Building.
wholesale trade units around Parrys Corner share recurring TDS Notice Reply patterns — input-credit timing, vendor reconciliation, and sector-specific documentation. For a wholesale trade business in Parrys Corner, the TDS Notice Reply scope is rarely generic; we tailor the checklist to how that sector actually transacts. TDS Notice Reply for wholesale trade businesses in Parrys Corner hinges on getting the sector's recurring entries right the first time. We have closed enough TDS Notice Reply files for wholesale trade firms near Parrys Corner to know where the department usually probes.
Every TDS Notice Reply file we open for Parrys Corner is reconciled, reviewed by a qualified practitioner, and archived for seven years. Turnaround for Parrys Corner TDS Notice Reply is deterministic — fixed fee, a scoped timeline, and a same-business-day acknowledgement once filed. A Parrys Corner client sees the same TDS Notice Reply cadence each cycle: intake, reconciliation, review, filing, acknowledgement. From the first TDS Notice Reply cycle, a Parrys Corner engagement is set up to be audit-ready rather than reconstructed under pressure later.
Proximity to Sowcarpet means a Parrys Corner engagement can extend across the locality cluster with no change in cadence. Businesses straddling Parrys Corner and Sowcarpet get a single TDS Notice Reply point of contact rather than two. TDS Notice Reply clients in Sowcarpet are handled by the same practitioners who run our Parrys Corner desk. A client relocating between Parrys Corner and Sowcarpet keeps the same TDS Notice Reply file and the same team.
Each engagement in Parrys Corner adds to a record of what the Chennai North jurisdiction expects, sharpening the next TDS Notice Reply file. Sector signals in Parrys Corner — seasonal government swings and peak-period volumes — shape how we schedule TDS Notice Reply work. Over several cycles in Parrys Corner, the recurring TDS Notice Reply issues cluster around a predictable short list we screen for early. Because we work repeatedly across Parrys Corner, we can benchmark a new client's TDS Notice Reply position against the locality norm.
Relocating a registered office into Parrys Corner (PIN 600001) changes the assessing division, and we handle that TDS Notice Reply transition cleanly. For a new business incorporating in Parrys Corner or shifting its principal place of business here, TDS Notice Reply setup is one of the first things to get right. New wholesale trade ventures in Parrys Corner lean on us to stand up TDS Notice Reply correctly before the first deadline rather than after a notice. First-time TDS Notice Reply for a Parrys Corner business is where getting the basics right saves years of cleanup later.
Under Section 201(3) as substituted by Finance (No. 2) Act 2024, the AO must pass the Section 201 order within seven years from the end of the financial year in which the payment is made or credit is given to the deductee.
Appeal lies under Section 246A(1)(ha) before the CIT(A) operating through the National Faceless Appeal Centre within 30 days of the order. Further appeal lies to ITAT under Section 253 and to Madras High Court under Section 260A on substantial questions of law.
Yes. Under the first proviso to Section 201(1) read with Rule 31ACB, if the deductee has filed its return, disclosed the income and paid tax, you obtain a CA certificate in Form 26A and upload on TRACES. Primary Section 201 liability is then dropped.
The Supreme Court in CIT v Hindustan Coca-Cola Beverages P Ltd held that once the deductee has paid the tax on the income, the deductor cannot be treated as an assessee-in-default for the same amount. Form 26A operationalises this principle under Rule 31ACB.
The Supreme Court in GE India Technology Centre v CIT held that Section 195 TDS obligation arises only where the sum payable is chargeable to tax in India. If the income is not chargeable under domestic law or under a DTAA, no Section 195 deduction is required.
Section 234E is compensatory in character, not penal. The Karnataka HC in Fatheraj Singhvi and the Bombay HC in Rashmikant Kundalia have upheld its constitutionality. The fee is automatic at ₹200 per day capped at the TDS amount of the statement.
What Parrys Corner clients want to know before signing: For Parrys Corner engagements specifically — in the wholesale and commercial heart of old madras micro-market of Parrys Corner; where wholesale trade businesses dominate the local compliance profile.
Localised for Parrys Corner, Chennai — where wholesale trade businesses dominate the local compliance profile.
Reading this guide locally — Across Parrys Corner, on the Broadway-Sowcarpet corridor that passes through Parrys Corner.
The Tax Deduction at Source mechanism in India under Chapter XVII-B of the Income Tax Act 1961 implements what the OECD framework calls a pay-as-you-earn collection design. It is to be noted that the policy goal traces to the Direct Taxes Enquiry Committee 1971 (Wanchoo Committee) recommendation that revenue collection be advanced to the point of accrual rather than the point of assessment, reducing tax arrears and broadening the information base. The Comptroller and Auditor General's 2017 performance audit on TDS administration observed that approximately 36% of direct-tax revenue is now collected at source, against an OECD-area average of roughly 60% for income subject to withholding. A TDS notice therefore performs a dual function — it is both a revenue-recovery instrument addressed to the deductor as the assessee-in-default under Section 201, and an information-correction instrument under Section 200A reconciling the deductor return with deductee credit claims in Form 26AS.
TDS communications received by Chennai deductors broadly fall into five categories distinguishable by their statutory anchor. First, Section 200A(1) intimations are issued by the Centralised Processing Cell-TDS at Vaishali Ghaziabad on prima-facie defaults identified during return-processing. Second, Section 201(1) default orders are issued by jurisdictional Assessing Officer (TDS) on substantive non-deduction or short-deduction post-enquiry. Third, Section 234E demand notices arise from late-filing fee at ₹200 per day of delay. Fourth, Section 271H penalty notices follow non-filing exceeding one year or false-particulars. Fifth, Section 220 recovery and Section 221 penalty notices follow non-payment beyond 30 days. Each category invokes a distinct response framework, distinct limitation period and distinct appellate route — conflating them is the single most common defence error observed in the Madras ITAT TDS-Bench rulings since 2018.
The TDS Reconciliation Analysis and Correction Enabling System (TRACES) is the operational interface through which CPC-TDS communicates with deductors. Sub-rule (2) of Rule 31A of the Income Tax Rules 1962 provides that every default identified during processing is recorded on TRACES with a downloadable Justification Report — a PDF and CSV deliverable that lists row-wise the challan, deductee PAN, section, deduction-amount, default-head and amount-in-default. The Justification Report carries indicative computations only; the binding figures are those in the Section 200A intimation and the consequential demand on the TRACES dashboard. The TRACES architecture follows the OECD Forum on Tax Administration's 2014 design template on digital-by-default tax-payer-services, mirrored in similar withholding-platforms in the United Kingdom (HMRC RTI) and Australia (ATO Single Touch Payroll).
Since Section 234E fee is levied via Section 200A intimation, the rectification remedy under Section 154 is available where the levy contains a mistake apparent from the record. Such mistakes include — fee levied for the period prior to 01-Jun-2015 (post Fatehraj Singhvi where applicable bench), fee exceeding the tax-deductible cap, fee levied where the statement was filed within the due-date but acknowledged late on TRACES owing to portal failure, and fee continued despite a notified CBDT extension. The Section 154 application must be filed within four years from the end of the financial year in which the order was passed. Where 154 is rejected, the appeal route under Section 246A is available.
Section 234E was inserted by Finance Act 2012 with effect from 01-Jul-2012 levying a fee of ₹200 per day of delay in filing the quarterly TDS statement, capped at the amount of tax deductible. Sub-section (4) of Section 234E declares the fee non-leviable in the cases prescribed — but no such prescription has been issued by CBDT to date. The fee is a fee in the technical sense (a charge for services rendered by the department's processing-system) rather than a penalty, as held by the Karnataka HC in Lakshminirman Bangalore. This technical classification is significant — fee does not require mens rea, is not appealable under Section 246A on merits, and is not subject to Section 273B reasonable-cause relief.
The Karnataka HC in Fatehraj Singhvi v Union of India held that prior to the insertion of clause (c) in Section 200A(1) by Finance Act 2015 effective 01-Jun-2015, there was no enabling mechanism for CPC-TDS to levy Section 234E fee through a Section 200A intimation. The clause-(c) insertion was prospective only — fees raised on quarterly statements pertaining to periods before 01-Jun-2015 are therefore liable to be set aside. The Allahabad HC in Sushila Devi Pyala followed Fatehraj Singhvi. The Gujarat HC in Rajesh Kourani took a contrary view holding that Section 234E itself was the charging provision and 200A(1)(c) was merely procedural. The Madras HC has not authoritatively pronounced.
Section 273B operates as an overlay on Section 271H — even where the safe-harbour under 271H(3) is unavailable, the penalty cannot be imposed if the deductor shows reasonable cause for the failure. Reasonable cause has been judicially construed to include — system-level TRACES outage substantiated by TIN-NSDL acknowledgement, statutory auditor's strike preventing finalisation, key-person illness or demise with hospital records, and tax-credit-pending-reconciliation with the deductee that legitimately delayed filing. The defence is fact-intensive and the documentary trail must be contemporaneous. The Supreme Court in Hindustan Steel underpins the principle that technical or venial breach should not attract penalty.
Section 271H is distinct from two adjacent penalty / prosecution provisions. Section 271C imposes a penalty equal to the amount of tax that ought to have been deducted on failure to deduct — operating on non-deduction itself, whereas 271H operates on non-filing-of-statement or false-particulars. Section 276B is the prosecution provision for failure to pay TDS deducted to the credit of Central Government, attracting rigorous imprisonment of three months to seven years. Section 278AA provides a defence to 276B where reasonable cause is shown. The Madras HC in Madhumilan Syntex Ltd applied a strict reading on 276B prosecution where deduction-and-non-deposit was established.
Sub-section (1) of Section 271H provides for a penalty of not less than ₹10,000 and not more than ₹1,00,000 where a person fails to deliver the quarterly statement within the prescribed time or where the statement furnished contains false particulars in respect of tax deduction, payment, deductee details or any matter relevant to determination of total income of the deductee. The penalty is imposable by the Assessing Officer (TDS) after recording satisfaction and issuing a show-cause notice. The provision is wider than Section 234E in two respects — it covers false-particulars (not merely delay) and the upper-cap is materially higher.
CBDT Instruction 1914 dated 02-Dec-1993 as updated by Office Memorandum dated 29-Feb-2016 and 31-Jul-2017 provides the administrative framework for stay of demand pending first appeal. The current default position requires payment of 20% of disputed demand for grant of stay, with discretionary lower amounts where the assessment is in an obviously hostile direction relative to settled jurisprudence. The Bombay HC in UTI Mutual Fund and the Delhi HC in Mrs Kannammal v ITO held that the 20% is not a rigid rule and the AO must record reasons before insisting on full payment. A reasoned representation under the OM framework, filed before the 30-day expiry, is essential.
Sub-section (6) of Section 220 provides that where an assessee has presented an appeal under Section 246A, the Assessing Officer may in his discretion, and subject to such conditions as he may think fit, treat the assessee as not being in default in respect of the amount in dispute, even though the time for payment has expired, until the appeal is disposed of. The discretion under 220(6) is independent of the Instruction 1914 framework — it is a statutory grant. The Supreme Court in KEC International v B.R. Balakrishnan held that the AO's discretion under 220(6) is to be exercised judiciously. A standalone 220(6) application filed alongside the Section 246A appeal is the procedurally correct route.
Section 221 empowers the Assessing Officer to impose a penalty not exceeding the amount of tax in arrears for default in payment of tax under Section 220. The proviso to Section 221(1) requires the AO to give a hearing before imposition. Sub-section (1) second proviso allows waiver of penalty where the assessee proves that the default was for good and sufficient reasons — typically a pending appeal, bona-fide stay application, business-cash-flow distress with bank confirmations, or genuine inability arising from non-receipt of refunds due to the assessee. The Madras HC in Tamil Nadu Mercantile Bank set out the threshold for good-and-sufficient-reasons defence under 221.
What Parrys Corner clients usually ask next: For Parrys Corner engagements specifically — where wholesale trade businesses dominate the local compliance profile; for Parrys Corner businesses balancing growth ambitions with tight statutory compliance.
Terms you will hear in this area — Across Parrys Corner, where wholesale trade businesses dominate the local compliance profile.
Justification Report is the line-by-line default register downloadable from TRACES (Defaults > Justification Report Download) showing every short-payment, short-deduction, late-payment and 234E entry against the deductor's filed statement. It comes in PDF summary and CSV deductee-wise form, both required for a complete Section 200A reply.
Conso File is the consolidated TDS statement file generated by TRACES that combines the original and all correction statements filed for a particular Form Type, Financial Year and Quarter. It is the input file for any further Online Correction and must be downloaded from Statements > Request for Conso File before any C-1 to C-9 correction is initiated.
Online Correction Category C-3 on TRACES is the PAN Correction category used to amend deductee PAN entries in a filed TDS statement without re-uploading the entire return. It is the workhorse correction for Section 206AA short-deduction defaults caused by structurally invalid PAN or inoperative PAN-Aadhaar status.
Default Rectification Request or DRR is raised on TRACES against an erroneous default flagged by CPC-TDS where the underlying statement is already correct — typically challan-paid-but-not-visible due to BIN mismatch, OLTAS sync delay, or system computation errors. Unlike Online Correction, no fresh statement is filed; only the default tag is rectified.
Form 26A Annexure-A is the Chartered Accountant certificate filed online through TRACES under Rule 31ACB read with the first proviso to Section 201(1) certifying that the resident payee has filed his Section 139 return, taken the receipt into account and paid the tax. It wipes out principal short-deduction default but Section 201(1A)(i) interest survives.
Section 201(1A)(i) Interest is the one per cent per month interest charged from the date tax was deductible to the date it was actually deducted, payable by a deductor who has failed to deduct TDS. It survives even after Form 26A relief and runs until the deductee's return-filing date per the proviso to the sub-section.
Section 201(1A)(ii) Interest is the one-and-a-half per cent per month interest charged from the date of deduction to the date of deposit, payable by a deductor who deducted TDS but failed to deposit it on time. It is not relieved by Form 26A since the deductor has admitted holding government money and remains payable in full.
Section 234E Late-Filing Fee is the levy of two hundred rupees per day for every day the TDS statement is filed after the Section 200(3) due date, capped at the TDS amount. Section 200A(1)(c) authorising the 234E adjustment through Section 200A intimation was inserted only w.e.f. 01-Jun-2015 by Finance Act 2015 — pre-amendment levies are quashable on Fatehraj Singhvi.
Section 271H Penalty is the ten-thousand-to-one-lakh-rupee penalty for failure to file a TDS statement or for filing an incorrect statement. Section 271H(3) gives full immunity where the deductor deposits the TDS, applicable interest and Section 234E fee, and files the statement, within one year of the due date.
Section 276B Prosecution is the criminal prosecution provision for failure to pay deducted TDS to the credit of the Central Government — imprisonment from three months to seven years with fine. Compounding is available under CBDT Guidelines dated 17-Oct-2024 on payment of admitted tax, interest, fee and compounding fee at two per cent per month on the principal TDS for the default period.
Section 206AA is the higher-rate deduction provision triggered when the payee does not furnish PAN, or furnishes a structurally invalid PAN, or has an inoperative PAN-Aadhaar status. TDS is deducted at the higher of the rate in force, the rate specified in the relevant section, or twenty per cent. It overrides DTAA rates per Bosch (Bangalore ITAT 2018) line.
Section 206AB Compliance Check is the higher-rate deduction at twice the applicable rate or five per cent (whichever is higher) on payments to specified persons who have not filed ITR for the prior assessment year and have aggregate TDS or TCS of fifty thousand rupees or more. Compliance Check facility on the income-tax portal lets the deductor verify status before each payment.
Numerical examples showing tax + interest + penalty across common default scenarios.
How Parrys Corner businesses typically avoid these: For Parrys Corner engagements specifically — the cluster of wholesale trade, banking, government businesses that defines Parrys Corner's commercial fabric; for Parrys Corner businesses balancing growth ambitions with tight statutory compliance.
How the local trade mix shapes this — Across Parrys Corner, where wholesale trade businesses dominate the local compliance profile. Practitioners note that the cluster of wholesale trade, banking, government businesses that defines Parrys Corner's commercial fabric.
Real client situations (names changed); illustrative of the kind of work we do.
A flavour of cases we handle nearby — Across Parrys Corner, where wholesale trade businesses dominate the local compliance profile.
Why these Parrys Corner engagements look the way they do: For Parrys Corner engagements specifically — the cluster of wholesale trade, banking, government businesses that defines Parrys Corner's commercial fabric; for Parrys Corner businesses balancing growth ambitions with tight statutory compliance.
“Pre-01-Jun-2015 quarters had 234E fee aggregating ₹3,42,800 in Section 200A intimation. Filed grievance citing Fatehraj Singhvi (Kar HC 2016) and ITAT Chennai bench rulings. CPC-TDS Ghaziabad accepted; entire fee demand reduced to NIL on TRACES within 7 weeks.”
“Vendor PAN structurally invalid triggering 20% under Section 206AA on 194J professional payments. Filed Form 26A Annexure-A through our partner C.A. with vendor's ITR-V and tax payment proof; principal default of ₹18.4 lakh dropped on TRACES; only Section 201(1A) interest of ₹76,000 survived.”
“AO disallowed 30% of foreign-software AMC expense citing non-deduction under Section 195. Argued Engineering Analysis (SC 2021) — payment not royalty under India-Singapore DTAA Article 12. Faceless Assessment Unit accepted; ₹62 lakh disallowance deleted in Section 143(3) order.”
“Justification Report charged 201(1A)(i) interest till date of correction (28 months × 1%). Refiled Form 26A with deductee return date; interest period truncated to 9 months. Default reduced from ₹3.1 lakh to ₹98,000 — ₹2.1 lakh saved.”
“JCIT TDS issued 271H notice for incorrect 24Q Annexure II salary breakup. Filed reply citing reasonable cause under Section 273B — Eli Lilly (SC 2009) doctrine, payroll system migration, voluntary correction filed before notice. Penalty dropped in entirety.”
“Compulsory prosecution recommendation for non-deposit of TDS exceeding ₹25 lakh threshold over two FYs. Coordinated full deposit of TDS + 1.5% interest + 234E fee, filed compounding application under CBDT Guidelines 17-Oct-2024 with compounding fee at 2% per month. Pr. CCIT compounded; criminal proceedings closed.”
Common questions from Parrys Corner clients. Call 9566-068-468 for specific queries.
We serve businesses in every part of Parrys Corner, from RBI Subway, Rajaji Salai, Broadway Road, Esplanade and Evening Bazaar Road to the Netaji Subhash Chandra Bose Road, Rattan Bazaar Road, Audiappa Naicken Street and Errabalu Chetty Street commercial pockets, with TDS Notice Reply handled end to end.
Professional TDS Notice Reply in Parrys Corner, Chennai. Call @ 9566-068-468. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming). 15+ years experience, 4.9★ rated.
FilingPro Chennai — 15+ Years of Expert Tax & Business Consulting. Offices at Maduravoyal, Nerkundram & Nolambur (upcoming), Chennai. Call @ 9566-068-468. Disclaimer: Information on this page is for general guidance only and does not constitute legal, financial or tax advice. Consult a qualified professional for specific advice.