Differences between interest on late payment & short deduc

sivakumar (Asst Manager - F&A) (324 Points)

16 December 2014  


 Kindly clarify, the differences between Interest on Late payment of TDS and Short deduction of TDS.

 We have received notice for late payment of TDS and short payment of TDS to same transactions. ( We have paid short deduction of TDS already )