19 June 2015
Dear experts i have one doubt that for i have deposited tds with govt with interest @1.50% and also show in tds return for q4 but still in recieved notice from income tax dept for payment of interest on late payment of tds. how its possible? and what should do now to avoid this charges? plz suggest
19 June 2015
Simply draft a letter stating that you have already remitted the Interest on late payment and also attach the working and challan for the amount paid. And request them to update their records.
CAclubindia
