Easy Office
LCI Learning

TDS

This query is : Resolved 

03 June 2010 I had debited interest on Loans u/s194A on 31.03.10 and Tds paid in June'2010. In this connection how much interest to be added.

03 June 2010 Sir,
You have not mentioned the date of deposit. The period of delay will be counted from 31.03.2010(date on which deductible) to actual date of payment. A delay of 30 days will be reconed as 1 month. Interest @ 1% per month/part of a month shall be payeble.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries




Answer Query