I DEDUCTED TCS ON SCRAP IN THE M/O JAN 2018 , WHICH NEED TO SUBMIT ON 07.02.2018, BUT DUE TO SOME TECHNICAL REASONS I DEPOSITING ON 08.02.2018, PLEASE ADVICE HOW MUCH INTEREST NEED TO PAY ON RS 5500/-,
08 February 2018
Interest will be calculated @ 1.5% per month... If you not deposited on or before due date then it will be calculated as second month...
08 February 2018
Yes, Late interest applicable for 2 months @1.5 % PM, Total 3% interest i.e 165/- to be paid as interest other wise you will receive Defaults for interest on late payment.