Easy Office
LCI Learning

matter of tds calculation

This query is : Resolved 

Profile Image

Guest

Profile Image

Guest (Querist)
13 November 2010 plz sir clear my this query -sir plz tell me the calculation of tds.int.rate is1.50%.supose i m late & i m deposit it after 3 days(after due date) than how i do calculate it.my tds for the month of october is 1941 i m late to deposit only 3 days.than how i will calculation of this.
1941*1.50/100/31*3=3
or
1941*1.50/100=29
which is right . bcoz some expert say that calculation is may be
1941*1.50/100

13 November 2010 Dear Rajeev

Interest is to be calculated for whole month even if you are late by only 3 days.

In your case Interest would be Rs. 29/-

13 November 2010 Dear Rajeev, I had given you the calculation earlier. Hope now your query has been answered.






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

CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries