Tds payment

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babloo (Querist)
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06 June 2015 last day of tds payment for may 15 is 7 June which is Sunday. so whether it can be paid on 8 June without late payment charges

CMA. CS. Sanjay Gupta (Expert)
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07 June 2015 No. If you pay on 8th you will have to pay interest on late deposit of TDS @1.5% per month for two months i.e., 3% of TDS amount.

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