02 March 2015
hello sir i filed tds return for q-3 for the f.y 2014-15 and due to short deduction i receive intimation from tds department now i want to revise it but problem is their how to calculate interest on amount and for which period i want to do payment this week.
02 March 2015
In intimation the amount of interest to be paid must have been mentioned. Download justification report to see the calculation of such interest.
Interest on short deduction is 1% per calender month.