Tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
09 August 2012 i HAVE BOOKED A BILL LAST MONTH ON 5TH JULY. AND MADE PAYMENT AFTER TDS DEDUCTION. TOTAL TDS WAS RS. 1500/- . THIS MONTH I FORGATE TO DEPOSIT THE TDS IN BANK TODAY IS 9TH AUGUST , WHAT SHOULD I DO . IS THERE ANY INTEREST ON TDS,
WHAT IS THE RULE

REGARDS

09 August 2012 You have to pay Interest u/s 201(1A) for non deposit of TDS.
@ 1.5% FROM JULY & Aug. for 2 month.



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