Rate of interest on delayed payment of tds
This query is : Resolved
TARIQUE RIZVI
(Querist)
22 December 2015
aa
From Fy 2001-02 to Fy 2014-15 what was the rate of interest on delayed payment of TDS. I have paid interest on delayed payment of TDS @ 1%.
Some one has told me that the rate of interest on delayed payment of TDS was always @ 1.50% and never it was charged @ 1.00% subject to provision of interest on income tax liability.
yrs tarique rizvi
9821630130
From Fy 2001-02 to Fy 2014-15 what was the rate of interest on delayed payment of TDS. I have paid interest on delayed payment of TDS @ 1%.
Some one has told me that the rate of interest on delayed payment of TDS was always @ 1.50% and never it was charged @ 1.00% subject to provision of interest on income tax liability.
yrs tarique rizvi
9821630130
Rupesh Jain
(Expert)
22 December 2015
intt 1% when tds to be deducted to tds deduction date.
and intt 1.5% after deduction not deposited by you.
from date from tds to be deposited to actual deposit date. per month or part of month
and intt 1.5% after deduction not deposited by you.
from date from tds to be deposited to actual deposit date. per month or part of month
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