05 January 2017
Dear All, We are providers of renting of immovable property with 15 % tax including both cess. we are collected tax and payed 15th day of December.how much is the interest i have to pay to department. 15 % or 24 %?
05 January 2017
Collection of any amount as service tax but failing to pay the amount so collected to the credit of the Central Government on or before the date on which such payment becomes due- 24% p.a. Other than 15% p.a.
CAclubindia
