Interest period

ANAND S (student) (162 Points)

25 February 2014  

Members

any one can notice that before jurstification report provided by nsdl have late payment interest calculated 2 months only for 31.march deducted paid in 17 may but now as per cpc it is 3 month defaults.

is it department NSDL or CPC can frame IT ACT interest rate and period given in IT ACT

why the difference.