SEO Sai Gr. Hosp.
210651 Points
Joined July 2016
Yes, along with 1% interest per month of default as per section 206C(6).
For details: Refer: /articles/amendment-in-tcs-u-s-206c-1d-of-income-tax-act-1961-27028.asp and
https://www.ta xmann.com/applicationsoftware/news/circular222016.pdf