Interest on late payment
This query is : Resolved
02 April 2014
Greeting to all,
I have deducted tax on 26/12/2013 but deposited on 20/01/2014.
Interest is leveid @1.5% from the date of deduction to the date of payment.
My question is
Interest will be calculate for one month or two month.
bcz from 26/12/13 to 20/01/14, it comes 1month.
Thanking you,
Avinash
I have deducted tax on 26/12/2013 but deposited on 20/01/2014.
Interest is leveid @1.5% from the date of deduction to the date of payment.
My question is
Interest will be calculate for one month or two month.
bcz from 26/12/13 to 20/01/14, it comes 1month.
Thanking you,
Avinash
Rupesh Jain
(Expert)
02 April 2014
DUE DATE WAS 7.1.2014 SO INTT @ 1.5%
02 April 2014
Dear Rupesh Sir,
Thanks.
My question was interest will be charges for 1 month or 2 month.
Thanks.
My question was interest will be charges for 1 month or 2 month.
Gangavarapu Abhilash
(Expert)
02 April 2014
interest for 1 month @1.5%
Rupesh Jain
(Expert)
02 April 2014
yes intt for 1 month will be pay
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