Interest rates for tcs
This query is : Resolved
13 July 2010
what is the interst rates for delay in payment of TCS is it same as tds or diffrent ? & kindly let me know whether education cess has been removed on TCS
thanx in advance!!
thanx in advance!!
13 July 2010
Interest rate for delay payment of tcs is same as tds i.e as from 1st june 2010 it is 1.50% per month.
Education cess on TCS is removed as like TDS
Education cess on TCS is removed as like TDS
Message likes :
1 times
13 July 2010
Kindly confirm whether rate increased w.e.f 1st june 10 or 1st july 10...bcz i got ans as from 1st july 10
13 July 2010
Up to the period 30.6.2010 - interest 1% per month or part of the month
From 1.7.2010 need to calculated - Interest 1.50% per month or part of the month
From 1.7.2010 need to calculated - Interest 1.50% per month or part of the month
Message likes :
1 times
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
- Late Filing Fee Waiver for Q1 Form 144 (Earlier 27Q) – Transition to Income-tax Act, 2025
- Employee secondment
- IMS (import of goods) ITC related
- Form 144 TDS Return Validation Error – Mandatory Fields
- GST ITC as per notification 12/2023- central tax
- GSTR9 Annual Return
- Form 144 TDS Return Validation error
- Positive Balance in RCM Liability/ITC Statement – Commercial Rent RCM – Guidance Required
- Applicability of tax on invoice
- Rent agreement of House of deceased person
- Ito add credit side of bank
- Subject: Legal Remedy for Removal of Income Tax Demand for AY 2024–25 – Charitable Trust
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
