Interest on tds
This query is : Resolved
10 April 2015
Hi All
1.Tds Deducted on 27/8/2014 of 2500/- didn’t pay,noticed in April 2015.
2.Tds paid excess in Feb 2015 4000/- tds(2500) can be adjust against tds(4000), but then how to calculate interest on 2500/- from Aug 14 to 15 ?????? since interest amt can not be adjsuted agaisnt 4000/-
thnx
preet
1.Tds Deducted on 27/8/2014 of 2500/- didn’t pay,noticed in April 2015.
2.Tds paid excess in Feb 2015 4000/- tds(2500) can be adjust against tds(4000), but then how to calculate interest on 2500/- from Aug 14 to 15 ?????? since interest amt can not be adjsuted agaisnt 4000/-
thnx
preet
10 April 2015
You have to calculate the interest amount and have to pay by a separate challan @ 1.5% p.m. for 9 months.
Message likes :
1 times
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
- Reopen of assessment proceeding
- TDS on Consultancy- Non DTAA
- Depreciation of fixed assets- coop housing society in mumbai
- Gift Received from nonblood relative
- EXPORT BILL UNDER LUT FREIGHT CHARGE INCLUED IN INVOICE IT LIABLE TO TAX
- COMMERCIAL INVOICE FOR MATERIAL AND FREIGHT
- Tax Audit u/s 44AB for Transport Business A proprietorship is engaged in transportation business and
- FTS Taxable under 115A
- Experts need help
- Rental income gst and it purpose
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- STATUTORY AUDIT OF A SMALL PRIVATE COMPANY INCORPORATED ON 28.03.2025
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
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
