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Tds late payment
I have deposited tds 1 day late due to holiday . i got notice from traces for late payment. what is the remidy (Solution) for it
Replies (3)
Hi Naveen,
In the said case you are liable to pay the interest on the TDS liability for 1 day. The interest rate will be 1.5% p.m.
Due Date is Holiday. I Paid Tds amount next Day.If Due date is Holiday Should i pay Interest on Tds ?
Yes, you have to pay online.
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