Interest on Interest for late deposit of TDS
This query is : Resolved
13 November 2019
Even i have deposit Interest payment for late deposit of TDS. I got notice from Income tax department to deposit compounding interest on interest payment for late payment of TDS.
how to calculate compounding interest and upto which date i have to calculate compounding interest.
MATTER MOST URGENT.
how to calculate compounding interest and upto which date i have to calculate compounding interest.
MATTER MOST URGENT.
13 November 2019
Compounding interest not applicable on TDS late deposit.
13 November 2019
TDS Department Specifies the amount of Interest Payable in notices issued by them. Please check to Notice again
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