delay of TDS payment to Dept
This query is : Resolved
26 October 2009
what is the interest rate and penalties for delay of TDS payment and how we calculate the interset rate & penaltes if we not paid from april'09. pls tell me
26 October 2009
calculation of intt will start from the date when tds should be deductible & to the date of deposit.
CA SANJAY MUKHERJEE
(Expert)
27 October 2009
For penalty check
https://e-tds.net/interest.htm
However interest rate mentioned in the above link i.e 15% is old rate, current rate under Section 201(1A)is 12% per annum i.e 1% per minth as advised by the Experts above.
https://e-tds.net/interest.htm
However interest rate mentioned in the above link i.e 15% is old rate, current rate under Section 201(1A)is 12% per annum i.e 1% per minth as advised by the Experts above.
Taranjit Singh
(Expert)
27 October 2009
You can also check the discussion on this forum..
https://www.caclubindia.com/forum/message_display.asp?group_id=15127
https://www.caclubindia.com/forum/message_display.asp?group_id=15127
Taranjit Singh
(Expert)
06 November 2009
You can also check the discussion on this forum..
https://www.caclubindia.com/forum/message_display.asp?group_id=15127
https://www.caclubindia.com/forum/message_display.asp?group_id=15127
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