Tds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 October 2012
sir,
TDS deposit date is 7th of every month. if payment made late i.e. upto which date one month and two month late interest paid.
Lakshmi Prasad
TDS deposit date is 7th of every month. if payment made late i.e. upto which date one month and two month late interest paid.
Lakshmi Prasad
Sunny Sonwal
(Expert)
12 October 2012
If TDS not deposited on the before 7th of next month from the deduction month then intrest will be levied @ 1% for a month basis of the TDS amount.
And if TDS has been deducted but not deposited to the Government then Interest rate would be 1.5%.
And for Intrest calculation month will be taken in which month tax has been deducted.
And if TDS has been deducted but not deposited to the Government then Interest rate would be 1.5%.
And for Intrest calculation month will be taken in which month tax has been deducted.
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