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Provision of section 201

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 August 2013 if tds was to deducted in month of oct. on rs.105000(194c)of Rs. 1050 but the payer has deducted it in month of nov. (Rs.1004.) and deposited the same on 5-12-2012. what interest should be charged.
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@VaibhavJ

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@VaibhavJ (Expert)
03 August 2013 Hi

Pl refer http://taxguru.in/income-tax/rectify-avoid-interest-default-payment-tds-calculate-interest-tds-defaults.html

Rgs//Vaibhav

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