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

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.


02 April 2014 interest for 1 month @1.5%


02 April 2014 yes intt for 1 month will be pay


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



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
29 June 2026
ACCOUNTANT

SANDEEP AASHISH & CO

Araria

B.Com

View Details
Company
ARTICLESHIP 30 June 2026
Taxation Content Writer Intern

Interactive Media Pvt Ltd.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Company
06 July 2026
Chartered Accountant (Indirect Taxation)

Gowra Ventures Pvt Ltd

Hyderabad

CA

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details
Company
Featured 24 June 2026
HEAD - AUDIT AND TAXATION

A R JADHAV AND ASSOCIATES

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details