Late deposit penalty

rajesh (Accountant) (583 Points)

29 January 2012  

Sir,

We are Received a Defaults Satement in My TAN A/c in NSDL Site in this statement Details is

1). Late Payment Interest (Till Date of Deposit of Tax) is Rs. 2265/-

2). Interest Amount from Date of Deposit of Tax till Date of Processing is Rs. 237

3). Total Payable by way of Interest penalty is Rs. 2502/-

My Dought is 1st Point is Reasonalble and Payable but Second point is Correct or Not if its corrent menctioned Section No.

Thanks in advance