tds payment

08 August 2019

i forgot to pay tds by 7th.What is the late fees ?

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4 Replies

ROWAN BR (108 Points)
Replied 08 August 2019

pay interest 1.5 % per month, deducted month also liable to pay interest

CA Saloni (Manager-Accounts & GST Consultant) (5124 Points)
Replied 08 August 2019

Interest will be charged @ 1.5% per month on the value of TDS for 2 months ( the month in which TDS deducted & the next month in which TDS deposited)

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Shivam RC (Student) (23683 Points)
Replied 12 August 2019

Interest will be charged @ 1.5% per month

subhagan sreerangam (7057 Points)
Replied 12 August 2019

good clarification and information

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