Whether tds will be deducted with interest

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

08 April 2015 My company received a commission bill on January 2015 we not pay any commission till 31st march 2015 but we but commission payable as on 31st March 2015. Please suggest whether i have to deposit TDS with interest from january onwards.

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 April 2015 Please check the date of booking of the bill. If the bill was booked in March and TDS deducted then no interest is required to be paid if the TDS is deposited on or before 30th April 2015.

Querist : Anonymous

Querist : Anonymous (Querist)

08 April 2015 In my book invoice is booked in march 2015

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CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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08 April 2015 Then you can deposit the TDS on or before 30th April 2015 without any interest.