Tds lete deposit panalty
This query is : Resolved
07 November 2013
Dear Sir,
How to calculate tds(late deposit) penalty.
Thanks
Mukesh
How to calculate tds(late deposit) penalty.
Thanks
Mukesh
09 November 2013
TDS late deposit interest is @1.5% per month from the date of deduction to the date of deposit of TDS amount. Suppose you have deducted TDS on 25-09-2013 and deposit the same on 31-10-2013 then you have to pay interest for two months. 25-09-2013 to 24-10-2013 and 25-10-2013 to 31-10-2013. But if you deposit with in 24-10-2013 interest for 1 month only payable.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- TDS U/S. 194NF
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Import license renewal
- GST ON EXPORT COMMISSION
- Inventory of finished goods
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
Trending Online Classes
CAclubindia
