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.
CA.Krupa Mochi
(Expert)
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
CA Pramod Jain
(Expert)
07 November 2013
One Month Interest is payable
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Nursery business
- Tax on Amount transferred in HUF Account
- GST REFUND ISSUE ON PURCHASE OF PLANT AND MACHINERY
- TDS on Dashcam rent and allied services
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Section 269ST applicability for capital introduced by partner to his partnership firm
- Intimation under section 245
- ETDS return q4 25-26
- HOW TO ADJUST CREDIT NOTE AMOUNT ?
- Import Order Cancelled.
- Working on Gold wastage during Melting of old gold jewellery
- WRONG GSTR7 ENTRIES ACCEPTED ERRONEOUSLY
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
