Interest on TDS on sale of Property
Assesseee has paid TDS on sale of Property on 8th of April instead of 7th of April.
Assessee is in receipt of Notice for Interest.
HOW TO MAKE INTEREST PAYMENT for this?
Hi CA SKG, entire procedure is deiscussed in detailed with proper answer to your queries. Please read this post completely Late filing and interest.
You need to pay interest on since for delay in payment of TDS. The interest has to be calculated from the date of deduction till the date of payment and the interest rate is 1.5% PM.
I paid the demand under 243E in Challan 280 and mailed to to email@example.com, but the mail bounces back