Tds due date

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

24 October 2013 TDS Payment Last date is 7th. If the 7th is Sunday then TDS amount paid on 8th.

Int is applicable or ??

pls guide me.

Nikhil Kaushik

Nikhil Kaushik (Expert)
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24 October 2013 In case of holiday with no banking facility available, you can deposit the taxes on next working day without interest.

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Padmaja CA

Padmaja CA (Expert)
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24 October 2013 Sir,

But when we file TDS returns online ,system does not consider this
and it generate interest automatically so Please pay before One day as we are in safe side

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Querist : Anonymous

Querist : Anonymous (Querist)

24 October 2013 For the month of June-13 TDS i have paid on July 8th. because 7th sunday.

if today i have to pay the interest means how much i have to pay ???

Padmaja CA

Padmaja CA (Expert)
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24 October 2013 PM 1.5% interest for 4 months you have to pay

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