Interest rates for tcs


This query is : Resolved 

(Querist)
13 July 2010 what is the interst rates for delay in payment of TCS is it same as tds or diffrent ? & kindly let me know whether education cess has been removed on TCS

thanx in advance!!

13 July 2010 Interest rate for delay payment of tcs is same as tds i.e as from 1st june 2010 it is 1.50% per month.
Education cess on TCS is removed as like TDS

Prashant (Querist)
13 July 2010 Kindly confirm whether rate increased w.e.f 1st june 10 or 1st july 10...bcz i got ans as from 1st july 10

13 July 2010 Up to the period 30.6.2010 - interest 1% per month or part of the month

From 1.7.2010 need to calculated - Interest 1.50% per month or part of the month


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
30 September 2026
Senior Accounts Executive

Codeboard Technology

Chennai

MBA

View Details
Company
12 October 2026
Finance

I-Genext Consulting Private Limited

New Delhi

CA

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
08 October 2026
Accounts and Tax Associate

POOJA R TELI & CO

Pune

CA Inter

View Details
Company
12 October 2026
Chartered Accountant - Internal Audit

HKC | Chartered Accountants & Business Advisors

Ludhiana

CA

View Details
Company
16 October 2026
CA article trainee

Zerdi & Co. Chartered Accountants

Pune

CA Inter

View Details
Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details