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19 November 2019 Dear sir,

I have received a notice for short deduction u/s 195 on 06/08/2019 and now the pursuing month is november and now i want to make payment.My question is what is the rate of interest calculation whether it is 1 or 1.5%.

Thanks ®ards
Bindu
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A.S.SUNDARARAJAN

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A.S.SUNDARARAJAN (Expert)
19 November 2019 The interest for short deduction is 1% per month for short deduction amount from the due date of payment till the date of making payment.
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