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Interest on tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
04 May 2015 We have book bill on 31-3-2015 & tds deposited on 4-5-3015 now how many months counted for interest.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
04 May 2015 Two months, though the cut off date is 30.4.2015 as per rule 30(2) (a).
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
04 May 2015 warrier sir, why for two months... doesnt interest wil b for three months.. that is for march april and may... plz clarify my doubt
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
04 May 2015 Yes, Ankit Ji is correct.
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CA AnKiT BoHrA (AB)

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CA AnKiT BoHrA (AB) (Expert)
04 May 2015 Ok.. Thanks sir ji...!!!
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