Hi
I received default notice from tdscpc my query is i have deducted tds 10000/- date of deduction is 30/4/2012 and date of deposit is 16/05/2013 and date of order pass from cpc is 17/06/2013 they demanded 2100 interest and now i am depositing the interest so how to calculate the interst should i calculate on 10000/- or should i calculate on 2100 for u/s220(2). please suggest.
Hi Surendra,
Interest has to be paid on the tax amount specified in the notice from 17/7/2013 to the date you pay the total tax in the demand notice.
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