If i paid tds one day late
This query is : Resolved
11 June 2014
helli sir,
I paid
TDS on 1 st may 2014
and due date is 30th april2014
so TDS is for interest on loan.
so my question is how many month calculate for interest of late payment od TDS
11 June 2014
hello jayesh,
If there is any delay in depositing the amont of TDS, interest shall be charged @ 1.5% per month or part of month from the Date on which TDS was Deducted till the Actual Date of Payment.
If there is any delay in depositing the amont of TDS, interest shall be charged @ 1.5% per month or part of month from the Date on which TDS was Deducted till the Actual Date of Payment.
11 June 2014
even if ur late by 1 day then u need to cal and pay for the whole 1 month .
11 June 2014
i believe the payment was for March 2014, so the interest payable shall be for three months. part of march, whole of april and part of may
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12 June 2014
Nikhil your opinion is 100% correct.. 4.5% interest is leviable.
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