if i paid interest on tds short amount .yet i didn't get any default mail to income tax department. so i reconized how much interest paid to interest on tds.then i have paid short amount without waiting any mail to income tax department.
jaya pandey (accountant) (97 Points)
13 March 2012
if i paid interest on tds short amount .yet i didn't get any default mail to income tax department. so i reconized how much interest paid to interest on tds.then i have paid short amount without waiting any mail to income tax department.
Deepak Parsai
(Future CA)
(623 Points)
Replied 13 March 2012
Sonam Bidasaria
(CA)
(770 Points)
Replied 18 March 2012
yes....you have correctly paid the short deuction of TDS along with the interest without waiting for any default mail.
Maruthi
(Tds Returns Preparer)
(207 Points)
Replied 05 April 2012
But before you pay the Interest carefully calculate the interest UPTODATE (i.e upto interest paying date), otherwise, you will receive the demand to pay the remaining interest from I.T.Department.
Regards
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)