IN FORM 281 (TDS PAYMENT CHALLAN) WHAT IS TDS/TCS PAYABLE BY TAXPAYER(200) & TDS/TCS REGULAR ASSESSMENT(400) ?. WHAT IS THE DIFFERENCE BETWEEN THESE TWO. WHAT IS THAT CODES (200 & 400). KINDLY TELL ME.
07 August 2011
I agree With Expert..!! only Diff. between (200) and Code (400) is that Whenever you pay TDS as a Deductor by your Own Judgement it will be (200)... and When, In response to Demand raised by department through Notice/ Assessment Order/Demand etc. you have to select(400).