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Tds/tcs

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(Querist)
09 August 2012

Please clarify, Interest on TDS for the month of march-2012 deposited on 10th-Aug,2012, then how much month of interest i have to pay.
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CA Vikas Kumar Sharma

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CA Vikas Kumar Sharma (Expert)
09 August 2012 If you have deducted TDS on time but not deposited - Then Int. u/s 201(1A)(ii) is payable @1.5% for March to Aug 2012.

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