DATE OF PAYMENT : 05/04/2012
DATE OF DEDUCTION : 05/04/2012
DUE DATE OF PAYMENT : 07/05/2012
ACTUAL DATE OF PAYEMNT : 09/05/2012
IS THERE ANY INTEREST ON PAYMENT OF TDS..? IF YES, HOW MUCH INTEREST HAVE TO PAY..?
PLEASE COMMENT WITH AN EXAMPLE.
DATE OF PAYMENT : 05/04/2012
DATE OF DEDUCTION : 05/04/2012
DUE DATE OF PAYMENT : 07/05/2012
ACTUAL DATE OF PAYEMNT : 09/05/2012
IS THERE ANY INTEREST ON PAYMENT OF TDS..? IF YES, HOW MUCH INTEREST HAVE TO PAY..?
PLEASE COMMENT WITH AN EXAMPLE.
Yes there is interest on late payment for 2 months @ 1.5% Per Month. (April & May ).
CAclubindia
