I received a notice charging interest on late payment of interest on tds. Interest on tds is rs.570 but interest on interest on tds is rs.4809. Can anybody explain its calculation?
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Interest on late payment of interest on tds
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Interest on tds from date on which payable to date of tax paid but interest on interest they might have calculated till date so what is the dates in your transaction (DOP, Date of tds paid and notice date)
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