TDS LATE PAYMENT

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This query is : Resolved

Sayantan Chakraborty (Querist)
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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)

Aashok Kumar Sharma online

Aashok Kumar Sharma

(Expert)
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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.

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