If the Payment of TDS is made online on 8th.. will it attract interest???
Please reply asap.
6 Replies
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6881 Points)
Replied 06 April 2013
| Originally posted by : RAHUL AGRAWAL | ||
 |
If the Payment of TDS is made online on 8th.. will it attract interest??? Please reply asap. |
 |
Are you talking about 8th April, 2013
then the answer is no due date for March'13 is 30th April, 2013
CA RAHUL AGRAWAL
(Assistant Manager-Service Tax)
(1733 Points)
Replied 06 April 2013
Ya i know that....but if suppose i m making for the month of february then due date will be 7th of March.
if i make the payment on 8th of March thorugh online banking then wiil there be any interest liability??a
CA Kumar Mukesh
(CA CMA FINAL and Advance Excel Trainer)
(6881 Points)
Replied 06 April 2013
Even delay by one day you have to interest for one month, different dates defined in Service Tax in not applicable into TDS provisions
CA MANOJ
(CA, MBA, B.Com)
(141 Points)
Replied 10 April 2013
Yes i am in totally agree with Mr. Mukesh & Indian Taxupdates that even delay of one day means after 7th the interest will be levied for full month.
Subhash Mishra
(STUDENT & GST PRACTICENER)
(39 Points)
Replied 26 April 2013
Yes, You have to pay interest @ 1% per month under section 200A.
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