Is there any Interest applicable in TDS if we received late vendor invoice from vendor ?

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vivek (Querist)
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07 December 2022 If vendor bill of October month we received in November months , so is it interest applicable on TDS payment made.

CA R SEETHARAMAN (Expert)
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07 December 2022 No interest payable if no liability created in accounts in October.

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vivek (Querist)
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09 December 2022 thank you sir,
but for GST point of view can we avail ITC in October or November month for such bill.

CA R SEETHARAMAN (Expert)
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09 December 2022 Tax Invoice received in November so ITC can be availed in November only.

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