04 April 2011
Please let meknow about interest on late payment of tds; as example:
we have a electrical contractor who submitted his bill amounting Rs. 10000/- 5000/- 2000/- etc in different amounts and bill submission is when & then and we have remited payments on geting of bills now i come to know at the end of march'11 the billed amount crossed to Rs. 75000/- so i have to deduct tds how i deposit tds with interest ? please help