Tcs penalty
Meena Teli (95 Points)
24 May 2020
if we pay March month tcs in the month of June so what is penalty we impose on it
2 Replies
Pradeep Gupta
(Accounts Manager)
(298 Points)
Replied 24 May 2020
There is no extension for March due...Due date remains as 30th April, but the interest rate has been reduced to 0.75% instead of 1.5% p.m. if paid till 30th Jun'20.
Further...No late fee/penalty shall be charged for delay relating to this period.
Further...No late fee/penalty shall be charged for delay relating to this period.
Asha Kanta Sharma
(Manager - Finance & Accounts)
(36380 Points)
Replied 26 May 2020
Return filing have been extended but payment due date remains the same with reduction in interest rate.
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