Calculation of interest on late payment of tds
This query is : Resolved
Pavan Faliya
(Querist)
24 January 2014
Date of Deduction of TDS : 30/09/2013
Due Date of Payment of TDS : 07/10/2013
Actual Date of Payment of TDS : 09/10/2013
Amount of TDS : Rs.1,00,000/-
What is the amount of interest ?
Due Date of Payment of TDS : 07/10/2013
Actual Date of Payment of TDS : 09/10/2013
Amount of TDS : Rs.1,00,000/-
What is the amount of interest ?
Aditya Maheshwari
(Expert)
24 January 2014
Interest payable for 2 months @ 1.5% p. m. - 3% on Rs. 100,000/- i. e. Rs. 3,000/-.
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- EPF ECR NEW FILE SEP 17TH 2026
- PTRC Show Cause Notice on Email
- Capital Gail Exemption Certificate
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- Under marginal scheme
- Transfer of Physical Stock Between Two Proprietorship Concerns
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
