Interest on late payment of tds challan

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

17 May 2014
Dear Sir,

I have received a notice from CPC-TDS for the late payment of TDS challan for the month of Nov'13,
the tax payment made on 15/12/2013-late payment of one month, but in demand notice interest on late payment charged for two month including Nov'13,
is there any new notification circulated?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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18 May 2014 this is the basic calculation. the interest is computed for month or part of month. For deductions made in November, interest shall be paid for one month - November and One month december...