Dear all,
I have received Intimation under section 200A for one of my client for interest on late payment on TDS.
I have checked justification report and it is 2 days late payment but interest is calculated @ 3% considering two months.
As per my view i need to make payment and than file a correction statement for the same quarter.
Please tell me what is a procedure to be followed against this notice of demand under section 156?
Thanks,
Jinesh