13 July 2013
Can any one clarify me that if TDS has been deducted in month of March so the due date for payment is 30-Apr. In such case if the payment has been made in the month of May then the interest should be charged for 1 month or 2 months including month of April ?? Please share the links....
13 July 2013
Please tell the date of TDS deduction and the date of TDS payment to enable us to give the exact answer.
Interest to be paid from date of deduction till the date of payment when default is committed in making payment on the due date. Part in excess of a month to be taken as a whole month.
CAclubindia
