Dear All,
need your assistance.
An company deduct TDS on 30-09-2013, and paid this on 08-10-2013, Due date for payment of TDS is 07-10-2013.
Company did not make payment of Interest on TDS and get notice. Please guide that interest is to be calculate for 1 month or 2 month.
It will be for 1 month.
We received notice from Traces and this calculate this for 2 months, how?
When was it liable to be deducted ??
In that case you should talk to the customer care of Traces for the correction of time period to 1 month rather than 2 months.
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