Please reply my confusion about Month calculation for determine interest on late deposit of TDS.Suppose 1 Dt of Deduction 5/04/2012 Dt of deposited 10/05/2012 Month will be 1 or 2 ????
2 Dt of Deduction 15/04/2012 Dt of Deposited 10/05/2012 Month will be 1 or 2 ????
according the above example again my qus. is that if one day delay for deposit then always calculate 2 month means there is no rule for 1 month.
29 September 2013
thanks sir for ur reply, but sir recently we have received a demand notice from traces wherein they have calculate 2 months in above 2nd case
CAclubindia
