Tds - does short deduction of tds atracts interest also

This query is : Resolved 

17 January 2014 In case of Short Deduction of TDS i have deposited TDS with Interest @ 1%
Department has raised additional Interest u/s 201(1A)@1.5% . Is it Correct ?

19 January 2014 Interest @ 1.5% is correct.


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