interest on TDS ?
Jeetu Manglani (177 Points)
13 May 2019
we want deducted tds on 31.3.2019 but not deposit at the time so how much interest will charge as on 31.5.2019.
4 Replies
CA Saloni
(Manager-Accounts & GST Consultant)
(5124 Points)
Replied 13 May 2019
The interest is to be charged @ 1.5% pm from the month it is deducted till the month it is deposited.
Therefore 1.5% for March, april & May
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