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Interest on interest
There was a mistake in calculation in Interest on late payment of ST i.e. short payment of interest on late payment of st and the ST return is also been filed as per the short interest amount, so what can be done now further ?
Also if I wait for the demand notice to be received from st dept. relating to short payment of interest then in such case does interest is further charges on such delay payment of interest ?
Please guide
Replies (2)
it is better to pay the interest which was shot calculated and file the revised return. Interest on interest won't be charged by the department
Thank alot....:)
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