Interest payment
This query is : Resolved
03 March 2014
MY QUERY IS IN TDS,VAT,SERVICE TAX,PT PAYMENT INTEREST SHOULD BE CALCULATED ON DAILY BASIS ON MONTHLY BASIS FOR EXAMPLE: INTEREST RATE IS 1.25@ PM,NOW I HAVE TO PAY TAX TODAY DATE 03/03/2014 SHOULD I CALCULATED ONLY FOR 3 DAYS OR WHOLE MONTH.PLEASE REPLY AS SOON AS POSSIBLE
THANK YOU
THANK YOU
03 March 2014
for income tax puprose even for 1 day is condiered as full month.
03 March 2014
AND FOR OTHER,SERVICE TAX,VAT,PT PAYMENT
03 March 2014
in service tax and vat just find whether they using the words "month or part of month"
then it will be for full month only.
then it will be for full month only.
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
- Tax Liability on Trading Account in Name of Person with Disability (Autism) Operated by Guardian
- Tcs claim for previous financial year
- TDS on Purchase of Goods 194Q
- Dinner party and 194Q
- TDS Applicability on Adobe Subscription u/s 195
- Invertted duty struture
- Order from Department U/s 74
- Clarification Required on GST Rate & HSN Classification – Millet-Based Probiotic Drink
- Health insurance
- I want to Close my LLP
- AMC Contract &GST &Income Tax
- TDS Return filing if only have 15G /15H deductions and no other payments
- IMPORT OF GOODS CREDIT
- 80G deduction eligibility
- GST on Tobacco - as per new notification
- Cant amend a 26QB
- Gst no of supplier cancelled from 2017
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Composition Dealer GST Annual Return Filing process
- TDS under section 195.
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
