I received a notice charging interest on late payment of interest on tds. Interest on tds is rs.570 but interest on interest on tds is rs.4809. Can anybody explain its calculation?
1 Replies
ANAND S
(student)
(162 Points)
Replied 19 June 2013
Interest on tds from date on which payable to date of tax paid but interest on interest they might have calculated till date so what is the dates in your transaction (DOP, Date of tds paid and notice date)
Recent Topics
- Form 3CEAA and Form 3CEAB
- DIR 3 Web KYC
- Can i declare LTCG income as business income if I
- Stock entry in new software
- I have an EMI collection shop, what is its SAC cod
- Making payment once in quarter possible under QRMP
- Master File Documentation related
- Applicability of 44AD needs clarification
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
Related Threads
CAclubindia
