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.
Jeetu Manglani (177 Points)
13 May 2019
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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