05 February 2010
What happened if TDS is not deducted for 4four month and i have decided to pay whole TDS in fifth month .what is the interest rate for these month.
05 February 2010
interest is 1% per month. but if you didn't depsoit 4 months then have you filled etds return. if not then Rs. 100/- per day for not filling etds return. max penalty is tds amount.
05 February 2010
AGREE you have to pay 1% monthly interest for non deposit of tds from dedution to deposit date (range of calculation) and 100 perday for penalty for non filling of tds return from quarter ended next month 15 date max upto tds.