If a company made a payment of Rs. 100000 on 3/10/2012 without deducting TDS, but deducts TDS in september say 12/09/2013 and pays before 7/10/2013. Then what will be the Penalty and Interest amount payable?
Am I supposed to pay only Penalty or Both Penalty and Interest?
Its a Pvt. Ltd. Company, TDS is on payment to contractor.
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
Kothari Jain Patil & Chartered Accountants
Pune
CA Inter
View Details
CCI
Pro
CAclubindia
