19 March 2012
I have received a tds notice from tin-nsdl regarding late deposition of tds deducted. They are charging interest for the default period only and not upto current date. So i want to know how much amount of interet do i need to deposite (i.e. upto default date or upto current date).
19 March 2012
It will be till default date like if you deducted TDS on 5 Jan 12 so due date is 7 Feb 12. But you deposited it on 10 Feb 12. Then interest will be paid for only 1 month. If you deposit this interest in March-12 then also interest will be only for 1 month.
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