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Interest rate on TDS

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(Querist)
02 December 2008 How much will be the penalty interest rate for delay in payment of TDS??
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Rajdeep Pawar

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Rajdeep Pawar (Expert)
02 December 2008 1% per month or a part of month, on late payment of TDS / TCS.
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dhaval

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dhaval (Expert)
02 December 2008 1% for every month of delay
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