12 May 2015
if we have not deducted tds for the whole year and not deposited as well then do we have to pay TDs with interest of 1% and 1.5% pm both? or only 1.5%pm
12 May 2015
You need to pay interest @ 1% per calender month from the due date of deduction till the date of actual deduction and interest @ 1.5% per calender month if the TDS so deducted is not deposited within due date.
CAclubindia
