RATE OF INTEREST ON LATE PAYMENT OF TDS
This query is : Resolved
19 May 2011
Dear Sir/Madam,
What is rate of Interest of on Late payment of TDS??
Regards,
Shrishail.
What is rate of Interest of on Late payment of TDS??
Regards,
Shrishail.
19 May 2011
1.5% per month or part of a month from the date of deduction to the date of payment.
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19 May 2011
it is (a) 1% for every month or part of the month from the date on which TDS was deductible to the date of on which tds deducted
(b) 1.5% for every month or part of the month from the date on which TDS was deducted to the date of on which tds actually paid/deposted.
(b) 1.5% for every month or part of the month from the date on which TDS was deducted to the date of on which tds actually paid/deposted.
19 May 2011
1.5% p.m. for late payment of tax from the date when it was deducted to the date when it was paid.
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