05 January 2016
The amount of Rs. 48167 deducted for TDS on 30/11/2015 and the same paid to the government on 31/12/2015. the government extended upto 20/12/2015 for deposit the November month TDS amount due to Chennai floods. in such cases i have to calculate interest for 1 month & 2 month?
05 January 2016
Interest is to be calculated for the 2 months. As TDS was dedcted in month of nov and section say to cover the even part of the month. and part is also considered as full month .
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