Implication of late payment of tds after due date
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
03 January 2012
our tds liabilities for tds came Rs.350000/- as april 30,2010, but we could deposit the same on 9th of may 2010.what would be our late payment intt amount.whether we have to pay the interest for till date or on that date when we have deposited our tds please crarify?
from Nandan Bisht
from Nandan Bisht
06 January 2012
Interest should be paid @ 1.5% per month for 9 days.
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