Late deposit of tds


This query is : Resolved 

09 April 2012 Dear Sir

Plese advise me I have anable to deposit tds of 30 th march on 7th april if i deposit today it means 9th april-2012 so what is the interest calculate ? what is the late payment interest on 163736/- if i deposit today it.


Thanks & regards


09 April 2012 Dear Author,

TDS payment due date for the month of March is 30th April 2012. So no need to worry for interest payment and just chill.

30th April 2012 is due date for March Month.

Thanks
Mihir Doshi

09 April 2012 TDS DEDUCTED IN A MONTH IS TO BE DEPOSIT ON OR BEFORE 7TH OF THE NEXT MONTH.
BUT TDS DEDUCTED IN THE MONTH OF MARCH IS TO BE DEPOSITED 30TH APRIL OR BEFORE.
SO YOU CAN DEPOSIT STILL SUFFICIENT TIME...
IF YOU NOT DEPOSIT TIMELY,THEN INTEREST WILL BE CHARGE 18% PER ANNUM.

09 April 2012 Thanks Sirs !


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