Tds
This query is : Resolved
03 May 2016
If any firm deposit tds after due date then what is rate of interest on late deposit. Any other penalty is applicable for it ?
03 May 2016
Interest on late deposition of TDS is levied at the rate of 1.5% pa for every month or part of month from the date of TDS till the date of deposition.
03 May 2016
its charges frpm the month in which you tds deducted to month of deposit
like if you deduct the tds in march and deposit in may then you have to pay intt @ 1.5% per month
total 4.5% on tds amount .
like if you deduct the tds in march and deposit in may then you have to pay intt @ 1.5% per month
total 4.5% on tds amount .
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Soyabean hsn code and gst rate
- ITR filing- non tax audit cases- Asstt.Year 2026-2027
- Treatment of Pension ?annuity returns on PMVY
- Free lancer income
- What is provisional receipt number for generation of form 16A
- AY 26-27 ITR-4 FILING U/S 44-ADA
- Plot of land. Cost of Acquisition
- TDS related Query_Liquidated Damages
- Form 27Q Correction statement taking too long to update on IT Portal
- NON- SUBMISSION OF LLP FORM 3
- Regarding IMS Mandatory from 1st July 2026
- GSTR-4 Annual Return ! Pending Returns for F.Y. 20-21 to 22-23
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- Showing Gift from relative in ITR for this year
- Gst invoice numbering and delivery challan numbering
- Standard Deduction claim for EPFO Pension and ICICI Prudential Life Annuity
- Small dealers gst returns filing
- Sales amount in Gstr1
- CG after sale of flat
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
