Interest on Late Deposit of TDS U/S-201(1A)
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 July 2011
In our case TDS was deducted as on 26-03-2011 and the same paid on 07-05-2011 i.e after the due date of 30-04-2011
Further interest was calculated @ 1.5% for two months
my question is
1.whether should i calculate the interest for two months
2.whether should i calculate the interest for three months in the following way
26-03-2011 TO 31-03-2011 - One Month
01-04-2011 T0 30-04-2011 - Second Month
01-05-2011 To 07-05-2011 - Third Month
In which way i should calculate the interest for late deposit of TDS Deducted
Anybody please clarify the same as soon as possible
Further interest was calculated @ 1.5% for two months
my question is
1.whether should i calculate the interest for two months
2.whether should i calculate the interest for three months in the following way
26-03-2011 TO 31-03-2011 - One Month
01-04-2011 T0 30-04-2011 - Second Month
01-05-2011 To 07-05-2011 - Third Month
In which way i should calculate the interest for late deposit of TDS Deducted
Anybody please clarify the same as soon as possible
12 July 2011
26-03-2011 TO 25-04-2011 - One Month
26-04-2011 T0 07-05-2011 - Second Month
26-04-2011 T0 07-05-2011 - Second Month
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Closer of business and itc of capital goods
- RCM and same line
- ARCA LOGIN
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
