Interest on tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

26 May 2018 If the TDS has not been deposited for credit/payment in March'18, interest has to be deposited for late deposit of TDS.

Query is:

If TDS is deposited in May'18, how much months interest will be levied either two or three

RAJA P M

RAJA P M (Expert)
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26 May 2018 If the March TDS Payment not deposited on or before 30th April then Interest will be calculated 3 months.

KAVIRAJA ADDANGADI

KAVIRAJA ADDANGADI (Expert)
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27 May 2018 If TDS is not deposited within Due date, than interest to be paid from deduction month to till paid month, so you have to pay mar- Apr-May 3 months @1.5% per month .

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