20 January 2015
I HAVE QUERY ABOUT LATE PAYMENT OF TDS , IF TDS DEDUCTED ON 15 NOVEMBER 2014 BUT NOT DEPOSITED TIL 20/01/2015 SO HOW MANY MONTHS INTEREST LEVIED ON IT
20 January 2015
If there is any delay in depositing the amont of TDS interest shall be charged @ 1.5% per month or part of month from the Date on which TDS was Deducted till the Actual Date of Payment.
So 3 months interest.
CAclubindia
