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Tds interest

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Querist : Anonymous

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Querist : Anonymous (Querist)
21 December 2013 How TDS LATE PAYMENT INTEREST IS CALCULATED.
FOR EXAMPLE:- TDS IS DEDUCTED ON 25/04/2013 AND PAID ON 10/05/2013.THEN INTEREST IS CALCULATED FOR 2 MONTHS(25/04/2013 TO 30/04/2013 AND 01/05/2013 TO 10/05/2013) OR 1 MONTHS(FROM 25/04/2013 TO 10/05/2013).
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
21 December 2013 for two months unfortunately. The month referred to is the calender month.
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@VaibhavJ

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@VaibhavJ (Expert)
21 December 2013 Agree with expert.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
21 December 2013 yes it will be cal for 2 months for apr and may13.

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