Interest on tds for belated pymt
This query is : Resolved
24 December 2014
1 of my client (a company) remitted tds for the month september on 08/10/2014 i.e., Delay by 1 day.TDS amounts to Rs.1035000.I know Interest to be charge 1.5% for whole or part month thereof.
I want to know how to calculate interest amount on belated pymt for this case.pl reply with ur workings....
I want to know how to calculate interest amount on belated pymt for this case.pl reply with ur workings....
24 December 2014
You have to remit two month interest including for September being the deducted month. Calculate 3% on the above amount.
24 December 2014
you have to calculate the intt for two month @ 3% on tds amount.
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
- Showing Gift from relative in ITR for this year
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Soyabean hsn code and gst rate
- Treatment of Pension ?annuity returns on PMVY
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Free lancer income
- Salary and pension received from Asian Development Bank
- What is provisional receipt number for generation of form 16A
- BIS Certificates
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Capital Gain on EUITY Shares
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
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
