https://www.taxtmi.com/forum/issue?id=112673 Tax was deducted from salary paid late and the tax deposited subsequently; the tax department imposed interest and demanded amounts for late payment and short deduction under the cited statutory interest provisions. The core issue is the applicability of those interest provisions to late deposit and short deduction and the method for calculating the interest; the sole reply states the provisions are applicable without explaining the computation or allocation of interest liability. en-us Wed, 23 Aug 2017 12:01:40 +0530 Thu, 23 Jan 2025 15:55:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=112673 Tax was deducted from salary paid late and the tax deposited subsequently; the tax department imposed interest and demanded amounts for late payment and short deduction under the cited statutory interest provisions. The core issue is the applicability of those interest provisions to late deposit and short deduction and the method for calculating the interest; the sole reply states the provisions are applicable without explaining the computation or allocation of interest liability. Discussion-Forum Income Tax Wed, 23 Aug 2017 12:01:40 +0530 https://www.taxtmi.com/forum/issue?id=112673