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
radhakrishna (Accoouts Manager) (50 Points)
29 March 2013Sir,
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
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
Live Course on Invoice Management System (IMS) - 2nd Batch(With Recording)
CAclubindia
