Interest on late payment of tds ??
This query is : Resolved
03 April 2013
Tax deducted at source in the month of April 2012, May 2012 & June 2012 month is Rs.120/-, 120/- & 180/- and date of payment will be 06th april 2013
i calculated interest as Rs.23,22 and Rs.30/-
i am confused whether my calculation is correct or not ?
i calculated interest as Rs.23,22 and Rs.30/-
i am confused whether my calculation is correct or not ?
21 May 2013
If you have the delayed payment then you have to calculate the number of months it is delayed and then to charge the interest. In first case you have delayed by 12 months and thereafter 11 and 10 months. Now, apply the rate of interest to find out the interest payable
21 May 2013
If you have the delayed payment then you have to calculate the number of months it is delayed and then to charge the interest. In first case you have delayed by 12 months and thereafter 11 and 10 months. Now, apply the rate of interest to find out the interest payable
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