Tds delay payment

SUNDARARAJ. P (ACCOUNTANT) (63 Points)

11 January 2013  

Dear Sir,

We have deducted Rs. 52854/- towards TDS on 31/12/2011. Since the payment due date  7th, 8th Jan was a saturday/ Sunday we deposited the amount on 9th  Jan 2012 and paid late payment interest Rs.52/-  for two days delay.

 

Now we have received a demand notice for Rs. 820/- towards Delay payment interest and interest on interest 

 

For two days delay Is it correct?    Please let me know.