What is the interest to be paid on Late Payment of TDS on Property by 2 days ?
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Neha sharma (-) (1257 Points)
10 September 2013What is the interest to be paid on Late Payment of TDS on Property by 2 days ?
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Ankit
(CA, CS)
(3064 Points)
Replied 10 September 2013
Neha,
Since it is late deposit, the interest is 1.5% per month of the amount deducted. So you have to pay 1.5% of the TDS amount