Interest on late payment of tds?
This query is : Resolved
11 October 2010
tds for the month of Feb10-10000,mar-10000
date of payment 25th June-10(for feb) and 31st july for march.
what will the interest that will be paid.
date of payment 25th June-10(for feb) and 31st july for march.
what will the interest that will be paid.
11 October 2010
Interest @5% on TDS of Feb
(1% for feb to june)
and 5.5% on TDS of march
(1% for march to june and 1.5% for july)
(1% for feb to june)
and 5.5% on TDS of march
(1% for march to june and 1.5% for july)
18 October 2010
A simpple interest of 12% p.a is applicable for the late payment of tds , in the other word it can be say that 1% P .m is the rate of interest for the late payment of tds
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Number of Nominees
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- Not a CA , can we prepare balance sheet
- Are there any exceptions for residence in Nepal under FEMA/ITA
- Income Type for interest from government bonds
- TCS ON SOFTWARE SALES
- PTRC Challan
- Gstr 9 2023-24
- GSTR-9 HSN Summary and Credit Note without item
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
