EASYOFFICE

Interest & panalty on tds

This query is : Resolved 
Profile Image

Profile Image

(Querist)
07 August 2013 In a proprietorship firm. I deduct TDS in may for Rs. 10647 & in June 1500 but i paid the same in 07.08.13 with interest for 213 & 15 respectively. Is this right calculation & should any panalty applicable on it? need direction.

Thanks & regards
Profile Image

CMA Ramesh Krishnan

Profile Image

CMA Ramesh Krishnan (Expert)
13 August 2013 1ST Deduction 3 months interest and 2nd deduction 2 month interest will apply at the rate of 1.50% per month. No penalty will apply

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


EasyOFFICE CCI Pro

Trending Online Classes

view all classess


Answer Query



Quick Links