15 January 2014
31st dec. 2013 quarters tds amount Rs. 13000 deposited in to bank on 15.01.2014 and etds return submitted on 18.01.2014. How to calculate interest amt and penalty amt. Please calculate amt.
15 January 2014
Hi Manohar if you submit your challan after 7th day of month than you have to pay interest @ 18% p.a. and date of submission of return is 15th of month. So in your case you have to pay penality as you submit your return on 18.01.2014
CAclubindia
