Rate of interest on late deduction of tds
Hemendra Negi (26 Points)
16 February 2023please advice the rate of interest of late tds deduction.
Example:
tds amount - 300
date of payment 6 may 2022
deduction of tds 15 Feb 2023
Hemendra Negi (26 Points)
16 February 2023
Mitali
(Finance Professional)
(13303 Points)
Replied 16 February 2023
Rate of interest is 1.5%
Interest amount will be 45
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
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