Sir,
TDS for contractors 214821/- total year 11 months deducted but not paid now we have to pay with interest
on 194C, can i know how much tds and intrest arrived please help.
rk
1 Replies
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6881 Points)
Replied 29 March 2013
When tax is deducted but remains unpaid interest will be 1.5% pm other wise 1% to be paid when it comes due i.e from 7th of next month
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