Tds

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(Querist)
06 February 2014 What is interest rate ,if the Date of Deduction is 30-11-2013 & payment of TDS is 9-12-2013 ,Explain?
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
06 February 2014 well the computation as such is that you need to compute the interest for two months - part of Nov and part of December @ 1.5%...so cumulative 3%.
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CS,CA F,Numrologi TusharSampat

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CS,CA F,Numrologi TusharSampat (Expert)
06 February 2014 Cal for oct and nov @ 1.5 pm on the gross amount.
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