Interest on late payment of tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
07 November 2013
If the date of deduction is 30.03.2013 and date of payment of TDS is 10.05.2013. want to know for how many months i have to pay interest.
07 November 2013
Due date is 30/04/2013 but you have paid on 10/05/2013.So,i think you have to pay interest from the date of deduction.
1.5 % p.m. or part thereof for Delayed Payment of TDS - •From the date of deduction of tax
•To the date of actual payment
1.5 % p.m. or part thereof for Delayed Payment of TDS - •From the date of deduction of tax
•To the date of actual payment
07 November 2013
One Month Interest is payable
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