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Tds

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12 August 2013 TDS payment is on monthly basis. If payment for the month of may 2013 is done in 18th July 2013 then interest on late payment of TDS is calculated for 2 months ie excluding may or 3 months ie inclung may.??
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
12 August 2013 Interest on delayed payment of TDS u/s.201(1A) applicable from the date of deduction. so need to count May also

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