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Interest on tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
08 March 2014 IN 4TH QTR. WE DEPOSIT TDS AMOUNT IN LATE SO THEREFOR WE PAID EXTRA AMOUNT WHICH IS INTEREST. THEREFORE CAN WE ADDED THE INTEREST AMOUNT WITH THAT TDS PAYABLE AMOUNT IN THE BALANCE SHEET AS PER ACCOUNTING STANDARD-4. WHAT DO WE DO?
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Vishnu Saboo

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Vishnu Saboo (Expert)
10 March 2014 interest on TDS cant clubbed in TDS amount.

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