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Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2015 Amount of contractor's bill was credited on 23.1.15. Tax was deducted on 25.1.15. Is there any liability to pay interest ? If so please quote under which section.
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
24 February 2015 nopes... no need because the liability to pay the tds came after the month... so no liability if u had paid that on time
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Rupesh Jain

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Rupesh Jain (Expert)
24 February 2015 no intt. liability tds deducted on the entry date.
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 February 2015 Mr. Rupesh Jain is wrong. TDS has not been deducted on the date of entry but after two days. Rest all is ok

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