10 February 2016
My company received a Notice regarding short deduction of TDS and interest U/S 200A whether it is mandatory to Pay short deduction and interest as stated in notice given by income tax departmenr , if i not pay then what will be the consecunces.
10 February 2016
First you should check, whether Short Deduction of TDS is correct, as stated in the notice. If it is correct than it is mandatory to pay short deduction and interest. If you have not pay it with in the prescribed time period than ready for further notice and penalty.
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