TDS LATE PAYMENT
This query is : Resolved
23 April 2026
IN 4TH QTR OF 2026 DUE DATE OF PAYMENT IS 30/04/2026 IF I PAY TDS LATELY WHAT WILL BE THE LATE FEES ?
EXAMPLE :
TDS AMOUNT 10000
ACTUTAL DATE OF DEDUCTION 31/3/26
DUE DATE OF PAYMENT 30/4/26
I WILL PAY 10/5/26 THEN THE LATE FEES WILL (1.5% x 3) OR (1.5% x 2)
I THINK IT WILL BE 3 (IF IT WILL 2 THEN WHY)
EXAMPLE :
TDS AMOUNT 10000
ACTUTAL DATE OF DEDUCTION 31/3/26
DUE DATE OF PAYMENT 30/4/26
I WILL PAY 10/5/26 THEN THE LATE FEES WILL (1.5% x 3) OR (1.5% x 2)
I THINK IT WILL BE 3 (IF IT WILL 2 THEN WHY)
23 April 2026
Since TDS was deducted on 31/03/2026 and paid on 10/05/2026, interest u/s 201(1A) will be @1.5% per month or part thereof from date of deduction to date of payment. Therefore March, April and May will be counted as 3 months. Interest on ₹10,000 will be ₹450.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- House Property Reporting in ITR
- Internship/Academic shown in Salary Pay Slip of a Doctor
- TDS Claim year
- Liable to deduct tds and 44ADA
- Relief u/s Section 89
- Rent lease agreement
- TDS Challan Code
- Refund of 20%pre-deposit paid for stay application
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- Supply through E-commerce Operators
- STCG on ETF gold & silver
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
