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interest on ddt

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(Querist)
17 March 2009 what is rate of interest on late deposted of ddt tax
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
17 March 2009 Delayed remittance will attract 1% interest for every month or part thereof for the period commencing from the date immediately after the specified date on which such tax was payable upto the date of actual payment.

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