abhinandan pandey (article ) (38 Points)
05 July 2010lease rent paid on 31/3/2010 of rs.180000/-TDS deducted u/s 194-i, but not deposited to govt account till date.
my question is that if we want to deposit that amount in the month of july 2010, than what is the amount of interest u/s 201(1A)?
please send answer on my id. ca. abpandey85 @ gmail.com
Aditya Maheshwari
(CA in Practice)
(35867 Points)
Replied 05 July 2010
Interest from April to June - 1% p. m. = 3%.
+
For July - 1.5% p. m. = 1.5%
Interest =
4.5% on the TDS amount.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
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