Additional late payment interest of tds
This query is : Resolved
01 July 2014
I have received Intimation U/s 154 of the Income Tax Act.
One penalty "Additional late payment interest against the processing of latest correct"
My question is than what is the time period for correction of my return so avoid this Additional payment of interest.
Can this interest penalty waived by the department.
Please suggest urgently.
One penalty "Additional late payment interest against the processing of latest correct"
My question is than what is the time period for correction of my return so avoid this Additional payment of interest.
Can this interest penalty waived by the department.
Please suggest urgently.
01 July 2014
you have to pay interest within 30 days from the date of receipt of notice and has to revise the return.
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