rate of interest

This query is : Resolved 

06 May 2011 what is rate of intt. for late deducting TDS and Late depositing the TDS

06 May 2011 suppose tds has deducted in the month o
f april and deposited in the month of june then interest to be calculated @ 1.5% PM for the two month.

suppose tds was should de deducted in the month of april but deducted in the month of june then interest to be calculated @ 1% PM for the two month.

06 May 2011 Interest on late deduction of TDS is 1% per month whereas it is 1.5% per month for late deposit of TDS.




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