Interest on tds late paymnet
This query is : Resolved
08 February 2016
sir we have deducted TDS in the month of Jan 16 Rs/- 27834 but we have not deposited on due dates i.e on 7 Feb . we pay TDS online
every time.
Will interest charged on TDS ? and for how many month
every time.
Will interest charged on TDS ? and for how many month
08 February 2016
Interest u/s 201 for late payment of TDS is payable from the date on which tax was deducted to the date on which it is deposited.
So you have to calculate interest for each entry from the date on which it was deducted to the date on which it was deposited.
So you have to calculate interest for each entry from the date on which it was deducted to the date on which it was deposited.
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
- Manual Rectification through AO
- IT Return filed defective u/s 139 (9)
- Defective Return - Tds on advance
- Fixed Deposit Claim Relinquishment by the Nominee
- TCS ON SOFTWARE SALES
- Income Type for interest from government bonds
- TDS RATE ON RENT PAID TO NRI
- Not a CA , can we prepare balance sheet
- Tax treatment of debt mutual funds
- SHARE TRANSFER PRIVATE LIMITED COMPANY
- Issue of gst e invoice
- Gstr 9 2023-24
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- GST RCM not shown in GSTR-3B
- Bill from Dispatched from issue.
Trending Online Classes
-
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
Mr.Balamurugan Ranganathan15 November 2024
CAclubindia
