sec 201(1) & 201(1A)

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RANJEET (Querist)
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12 February 2011 DEAR SIR I HAD RECEIVED NOTICE U/S 201(1)(1A), FOR A.Y. 2006 TO 2009 , REASON BEHIND DELAY IN PAYMENT OF TDS AMOUNT , BUT I PAID TDS ALONGWITH INTEREST ,BUT DIFFERENCE ARISE IN CALCULATION IN INTEREST DUE TO DAYS CALCULATION, SO THERE IS SHORTAGE OF INTEREST PAYMENT , CAN MAY CLIENT IS ASSESSEE IN DEFLAUT SEC 201(1) (1A) , ANY PENALTY LEVIED BY IT DEPT. PLEASE PROVIDE FULL TEXT ,

NITIN SHARMA

NITIN SHARMA (Expert)
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13 February 2011 just make reply to them that due to calculation mistake short intrest was deposited the assessee did not has any intention to pay short intrest and assessee is ready to pay the rest amount of intrest please drop all the proceeings against the assesseee u/s 201(1) (1A) of it act.