Easy Office

Interest on Interest for late deposit of TDS

This query is : Resolved 
Profile Image

Profile Image

(Querist)
13 November 2019 Even i have deposit Interest payment for late deposit of TDS. I got notice from Income tax department to deposit compounding interest on interest payment for late payment of TDS.
how to calculate compounding interest and upto which date i have to calculate compounding interest.

MATTER MOST URGENT.
Profile Image

CA R SEETHARAMAN

Profile Image

CA R SEETHARAMAN (Expert)
13 November 2019 Compounding interest not applicable on TDS late deposit.
Profile Image

CA Shiv Kumar Sharma

Profile Image

CA Shiv Kumar Sharma (Expert)
13 November 2019 TDS Department Specifies the amount of Interest Payable in notices issued by them. Please check to Notice again




You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries


Easy Office

Trending Online Classes

view all classess
CCI Pro


Answer Query



Quick Links