Dear all,
in case a company had to deduct sum tax in the month of Apr & May, but TAn has been applied in June.
How does the Company deposit such TDS.
What are the penalties in this case?
pls help
1 Replies
jituparmar89@gmail.com
(jituparmar89@gmail.com)
(94 Points)
Replied 07 February 2013
first of all when company deduct sum tax in a next month (30days ) it's a application in form no49b and deposited tax on month end and 7th day otherwise it's late payment interest applicable at 1.5% per month..
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