31 January 2014
There is some confusion related with the deduction of TDS. Suppose I have deducted tds and paid the same 0n 07-09-2013.can i claim the same in december 2013.
31 January 2014
Date of deduction is important. If it was deducted in quarter ending Sept.2013, it has to be mentioned in the return filed upto 30.09.2013. In next quarter it is not possible.
31 January 2014
You will be liable to pay interest.
Rate of interest w.e.f 01-07-2010 :
◾From the date when TDS was deductible till date of actual deduction, rate of interest is 1% p.m. ◾For delayed deposit, from date of deduction till actual date of payment, rate of interest is 1.5% p.m
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