Tds payment

This query is : Resolved 

29 September 2014 We deducted TDS from contractor in F.Y 2013-14. but TDS payment not deposited. so we can paid this amount after 30-09-2014 and before 30-11-2014 ?

30 September 2014 Yes you can but better deposit it earlier to avoid payment of Higher amount of interest on late deposit of TDS. You will have to pay interest on late deposit of TDS @1.5% for each month.



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