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Late filling of tds return

This query is : Resolved 

19 February 2014 TDS was to be cut on 8th august but it did cut on 30th august.paymnt made on be4 due date on 7th septmbr,the days for which tds was late deductd i.e 22days. Is there any interest or penalty for that n plz answr with refrnc to sectn no.

19 February 2014 Yes Saloni...interest will be levied at 1pcpm for late deduction

19 February 2014 Interest is payble for one month @ 1% in spite of delay of 22 days.


20 February 2014 NO INTEREST IS REQUIRED TO BE PAID SINCE THE TDS IS DEPOSITED WITHIN DUE DATE.



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