Rate of interest for delayed payments
This query is : Resolved
31 May 2011
Sir,
I would like to know that what is the interest rate for delayed payments. If tax liability is from FY 2008-09, what is the rate of interest.
Ramana
I would like to know that what is the interest rate for delayed payments. If tax liability is from FY 2008-09, what is the rate of interest.
Ramana
01 June 2011
13% p.a till 31-03-2011. Thereafter, 18% p.a
06 June 2011
agreed with expert
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