I have read many articles on internet for late payment of tds,but i didnt get my answer. My query is for late payment of tds on salary.
if a company pay salary on 01-09-17 for the month of August 17 & TDS paid on 08-09-17 , so interest for late payment is calculate for 2 months (aug & spp) or for only 1 month (sep)? because actually salary is paid on 01-09-17.
11 September 2017
Section 192. See the link for more information. 8. Depositing of TDS deducted: The employer has deposit the TDS which was deducted from the Salaries. The due date for the same are, for the month of April to Feb of the Financial year the due date is 7th of the subsequent month in which the TDS was deducted. https://taxguru.in/income-tax/tds-salaries-procedure-deduct-tds-compliances.html
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