The TDS is paid on 7th of the next month i.e on due date but payment credited to NSDL A/c on next day i.e. 8th day of next month. Then any Interest is required to pay for 1 day? Please attach a relevant case law.
1 Replies
kanagaraj
(CHARTERED ACCOUNTANT)
(793 Points)
Replied 23 February 2012
Dear Sanghavi
The date of payment is to be taken. The crdit by NSDL is not to take for interest calculation
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