Late payment interest on TDS for the month March 2020 is charged @18%

Rijo John (audit manager) (447 Points)

19 May 2020  
As per intimation from TDS CPC interest for the month March 2020 (date of payment is 3170372020) is charged @ 18%. Reduced rate not considered.

Any one received intimation like this.

What is the solution for this.