banner_ad

Interest on late deposit of tds

This query is : Resolved 

28 September 2013 Dear Experts

Please reply my confusion about Month calculation for determine interest on late deposit of TDS.Suppose
1 Dt of Deduction 5/04/2012
Dt of deposited 10/05/2012
Month will be 1 or 2 ????

2 Dt of Deduction 15/04/2012
Dt of Deposited 10/05/2012
Month will be 1 or 2 ????

according the above example again my qus. is that if one day delay for deposit then always calculate 2 month means there is no rule for 1 month.

28 September 2013 From 05.04.12 to 10.05.12 -1month 5 days i.e.2 months
From 15.04.12 to 10.05.12-25 days i.e.1month

29 September 2013 thanks sir for ur reply,
but sir recently we have received a demand notice from traces wherein they have calculate 2 months in above 2nd case


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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 31 May 2026
Article Assistant

KPRS And Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
23 May 2026
Article Assistant

Geeta Manchanda & CO.

New Delhi

CA Inter

View Details
Company
22 May 2026
U.S. Financial Reporting & Consolidation Manager

Karia Overseas

Ahmedabad

CA

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details