Tds payment

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

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

Even delay by one day you have to interest for one month, different dates defined in Service Tax in not applicable into TDS provisions 

Yes interest will be applicable @ 1% per month under section 200A

Refer: https://www.indiantaxupdates.com/2013/03/30/penalties-interest-on-non-deduction-non-payment-of-tds-under-section-201/

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.

Yes, You have to pay interest @ 1% per month under section 200A.