Interest on tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

03 May 2015 We have booked bill on 2nd March 2015 & tds will deposit on 4th may 2015 . Pl. Inform how many months interest will be charged.

CMA. CS. Sanjay Gupta (Expert)
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03 May 2015 Interest on late deposit of TDS @1.5% per month needs to be paid for 3 months. March, April and May.

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