about TDS

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saivam

saivam (Querist)
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30 December 2009 Late filling of quaterly e-return of TDS on salary, any exemption for this late filling.

Murtaza I Bhagat

Murtaza I Bhagat (Expert)
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30 December 2009 If TDS not paid with in timi limit (given date) then pay interest @ 1% p.m. or part thereof. Interest is calculated from TDS deductible date to TDS deposit date

CA.ViVeK M ACA

CA.ViVeK M ACA (Expert)
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30 December 2009 The above contention is true. There is a delay in filing TDs return.

Interest from due date to the date of deposit will be reckoned.

The rate of interest shall be 1% pm and for the period up to which the default is persist

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