tax deduction and remittance

This query is : Resolved 

02 October 2010 if tax deducted from gratuity payment remitted to tax department after one month what will happen, e.g. gratuity bill prepared on 1st sep-2010 and paid to the beneficiary, tax deducted from the bill remitted to the tax dept. on 1st oct-2010. the tax amount the Rs.40000/-

03 October 2010 you need to pay the required interest of 3% alongwith TDS payment

03 October 2010 thanks,
hope will get early response.


gaurang,


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