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Querist : Anonymous (Querist)
19 August 2014 Govt. aided school give a contract to contractor for construction of building .
Bill raised by contractor had paid by school but some of the bill still due.
TDS not Deducted by school.
it was two year ago case ,

19 August 2014 then int will be applicable @ 1% and 1.5%

19 August 2014 If it is a disputed bill and no liability created in the books of account no interest will be applicable.

19 August 2014 intt will be payable on late deposit TDs and deduction.


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