Tds for mar'13_ expert view need

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Querist : Anonymous

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Querist : Anonymous (Querist)
20 May 2013
Dear Experts,

Please provide me the expert view on the following issue.

TDS for Mar'13 has been deducted on 31st Mar'13 but paid on 20 May'13, now interest should be two or there months.

If tow months it should be Apr'13 and May'13.
It three months it should be MAr'13, Apr and May.

Regards




20 May 2013 INTEREST WILL HAVE TO BE PAID FOR TWO MONTHS i.e., APRIL & MAY.

20 May 2013 DUE DATE TO DEPOSIT TAX DEDUCTED IN MARCH IS 30-APRIL(RULE-30)

SO DELAY OF TWO MONTHS, AND HENCE TWO MONTHS INTEREST WILL BE APPLICABLE
AS CALUCULATED BELOW
(31-03-2013 TO 30-04-2013) 1.5%
(1ST MAY TO 20 MAY) CONSIDERED ONE MONTH (1.5%)

TOTAL TWO MONTHS INTEREST WILL BE APPLICABLE




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