Interest on late payment of tds

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 September 2013 We have deducted TDS on 30/06/2013 & paid the same on 09/07/2013 only 1 day delay as 07 july 13 is sunday. we have received intimation from TDScpc charging interest for 2 months delay in this case pls guide as only 2 dyas late only 1 month inerest is to be charged according to me. pls gudie

Ajay Mishra

Ajay Mishra (Expert)
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30 September 2013 Hi

Go to the following article, it will help you:

https://www.caclubindia.com/articles/prosecution-and-interest-on-late-deposit-of-tds-18223.asp

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