Interest related to tds payment


This query is : Resolved 

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 I have mistakenly forget to paid the TDS on professional which is working under me before 7th of May for the month of April.

Amount which need to paid = 10566

Now, I visit various website and understood the concept and Now , I need to pay 3% as interest because of two months April and May.

So,
Amount which need to paid = 10566
Interest should be =317

Please confirm Am i correct??

If no the please let me know what is the inetrest

Nitin Bhuta (Expert)
26 May 2014 yes it is correct amount

Rupesh Jain (Expert)
26 May 2014 yes you havt to pay intt for two month @ 3% Rse. 317

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 Thanks Nitin and Rupesh.


U PEOPLE ROCK!!!


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