24 September 2010
Whether interest u/s 200 is payable on TDS deposit on 8th day of next month if 6th and 7th is gazetted holiday in 2008 and payment cannot be made through electronically.
As the TDS amount is very big deposit on 8th of next month assessing officer has raised demand for interest.
24 September 2010
IF YOU HAVE PROOF THAT 6TH AND 7TH WAS HOLIDAY THEN NO PENAL INTEREST WILL BE CHARGED AS YOU HAVE NOT MADE THE PAYMENT ELECTRONICALLY.
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