Interest in tds
This query is : Resolved
19 September 2013
Dear Sir,
What is the interest in TDS in the following cases:
1. bill date 01.07.2012 amt. 2000 paid on 08.08.2012
2. bill date 09.07.2012 amt. 2000 paid on 08.08.2012
Will in the both cases the the period of interest on TDS is 2 months or otherwise?
What is the interest in TDS in the following cases:
1. bill date 01.07.2012 amt. 2000 paid on 08.08.2012
2. bill date 09.07.2012 amt. 2000 paid on 08.08.2012
Will in the both cases the the period of interest on TDS is 2 months or otherwise?
CA Pallav Singhania
(Expert)
19 September 2013
If TDS deducted on the bill date,
1. 1.5 percent for 2 months,
2. 1.5 percent for 1 month...
1. 1.5 percent for 2 months,
2. 1.5 percent for 1 month...
19 September 2013
Thank sir for giving an reply.
but sir i have the justification report from tds cpc site in that on both cases the interest is calculated for the two months.
Clarify this?
but sir i have the justification report from tds cpc site in that on both cases the interest is calculated for the two months.
Clarify this?
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