Interest on TDS


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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2011 DEAR ALL,
PLEASE TELL ME INTEREST ON LATE PAYMENT OF TDS AND ALSO DELAY FOR CREDITING THE PARTY..
URGENT

03 January 2011 Interest for late deduction : 1%
Interest for Late payment of the deducted tax : 1.5%
Please refer Section 201 as substituted wef 1-7-2010

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Querist : Anonymous

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Querist : Anonymous (Querist)
03 January 2011 THANK YOU SIR


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