T.D.S

This query is : Resolved

CA, CMA (Querist)
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21 August 2010
Hi friends,

In F Yr 2009-10, we have booked a commission bill without deducting tax & also on some bills tax has not been paid to government (TDS has been deducted). Now can we pay TDS amount with Interest.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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21 August 2010 Yes. you can pay with interest

Interest Rate is 1 % per month or part of the month from date of deduction to date of payment the up to June-2010

Interest Rate is 1.50 % per month or part of the month from date of deduction to date of payment from July-2010

CA, CMA

CA, CMA (Querist)
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21 August 2010 thanks Ramesh

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