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Tds deduction

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 February 2014 Dear Sir

We have received a bill for professional services in Nvember. But the payment is made in February. while making the paymetn we have deducted TDS of 10% on bill amount. Now does any interest on late deduction or payment of TDS will attract to this? If we deduct TDS in february and remitted with in the due date

18 February 2014 yes, tds should be deducted in november and paid in first 7 days of december, so interest has to be paid..



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