POSTED BY July 7, 2013 11:54 am ONE COMMENTON
I am in 30% tax bracket. I had opened an FD for 19 months that matured in Sep 2012. At the time of maturity I became aware that bank had deducted and paid TDS to govt for AY 2012-13 and 2013-14 also. Since there was no intimation from the bank about the tax deducted, I forgot to pay the additional 20% tax that I had to pay for AY 2012-13.
My question is : Can I do that now without any penalty? Also which challan should i use for this payment. Pls advise. Thanks