Trace justification report intterest

Dear All Member

 

Please suggestion Me for this this TRACE Justification Report Demand Intimation. my probelm as per below:-

 

I have Deduct TDS on  dated 31.03.2012 Rs. 7308/- and deposit 08.02.2013 Rs. 7308+Intterst One Month 110/- but TRACE Justification Intimation has been Calculation of Short Intterest Payment Rs. 213/-. what is calculation process of Intterest in TDS Rules of late Deposit ??????????????

Please help me

Replies (1)

You have to calculate interest for 2 months and not for 1 month. As per the Act interest should be calculated for month or part of the month. 

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