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I have qustion regarding tds

This query is : Resolved 
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05 October 2015 DEAR MEMBER I HAVE QUSTION REGARDING TDS SUPPOSE OUR FIRM START AT 1-05-2015 AND WE DID NOT DEDUCT TDS ON INT ON LOAN FROM RELATIVE EVEN INTREST AMOUNT EXCEED THAN EXEMPTION AMOUNT BUT NOW WE HAVE RELISED THAT IT SHOULD BE DEDUCTED THEN ANY PANALTY OR INTREST IS CHARGED IF WE PAY IT TILL 15-10-2015
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CA Mukund Sarda

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CA Mukund Sarda (Expert)
05 October 2015 Yes interest @ 1% p.m for 6 months shall be applicable.
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