Late payment of tds

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SANTOSH ACHARY (Querist)
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24 May 2012 for example payment dt. 15.4.2012, due date for tds payment 7.05.2012 but actual payment date of TDS is 15.07.2012.

my question is, "what is the delay period?"

1) 4 month i.e. 15 Apr 2012 to 15 July 2012

2) 3 month i.e. 07 May 2012 to 15 July 2012

Please help.

Thanks
Santosh Achary

CA Navin Jain

CA Navin Jain (Expert)
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24 May 2012 3 MONTH FROM APRIL TO JUNE

CA PRAVEEN SINGH

CA PRAVEEN SINGH (Expert)
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24 May 2012 yes agree with above...

in the case of delay payment of tds..month will be counted from month in which bill is a/c for...

SANTOSH ACHARY

SANTOSH ACHARY (Querist)
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13 July 2012 for example payment dt. 15.4.2012, due date for tds payment 7.05.2012 but actual payment date of TDS is 15.07.2012.

my question is, "what is the delay period?"

1) 4 month i.e. 15 Apr 2012 to 15 July 2012

2) 3 month i.e. 07 May 2012 to 15 July 2012

Please help.

Thanks
Santosh Achary

CA Navin Jain

CA Navin Jain (Expert)
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13 July 2012 4 months
15 apr to 15 july

SANTOSH ACHARY

SANTOSH ACHARY (Querist)
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13 July 2012 DEAR SIR LAST QUESTION

for example payment dt. 15.4.2012, due date for tds payment 7.05.2012 but actual payment date of TDS is 10.07.2012.

my question is, "what is the delay period?"

1) 4 month i.e. 15 Apr 2012 to 10 July 2012

2) 3 month i.e. 07 May 2012 to 10 July 2012

Please help.

Thanks
Santosh Achary

Aashok Kumar Sharma online

Aashok Kumar Sharma online

(Expert)
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02 August 2024 In the context of TDS (Tax Deducted at Source) payments, the delay period for calculating penalties or interest is based on the due date of the TDS payment, not the date when the tax was deducted. The due date for TDS payment is the date by which the TDS amount must be deposited with the government.

Given your example:

- **Date of deduction:** 15 April 2012
- **Due date for TDS payment:** 7 May 2012
- **Actual payment date:** 10 July 2012

### Delay Period Calculation:

**1. Delay from Due Date:**

The delay period for penalty and interest calculation is based on the period between the due date for payment and the actual payment date.

- **Due date for TDS payment:** 7 May 2012
- **Actual payment date:** 10 July 2012

To calculate the delay:

- From 7 May 2012 to 10 July 2012 is 2 months and 3 days.

So the delay period for interest and penalty calculation is **2 months and 3 days**.

**2. The period from the date of deduction to the due date is not used to calculate the delay.**

Therefore, the correct delay period in your case is **2 months and 3 days** (from the due date of 7 May 2012 to the actual payment date of 10 July 2012).

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