Interest on tds

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Querist : Anonymous (Querist)
29 January 2014 HOW TO CALCULATE DELAY IN MONTHS FOR INTEREST ON TDS ON SALARIES.IF I WANT TO CALCULATE INTEREST ON TDS FOR MONTH OF APRIL 2013 IF I M MAKING PAYMENT OF TDS TODAY ON 29/1/2014

29 January 2014 assuming you deducted salary on 30 April 2013, then months shall be 9 months ie 8 months from May to December 2013 and January 2014 counted as one month (as part of month is also counted as one month).

Where you deduct salary before 30 April, lets say 29 April, then total months as 10 (part of April also included as a month)


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