Tds
This query is : Resolved
harshit gupta
(Querist)
21 August 2014
Dear,
If i hav deducted tds on 3.7.2014 bt amount is paid on 23.8.2014 then how much interest is to be paid. whether interest to be charged for 2 months or 1 month.
If i hav deducted tds on 3.7.2014 bt amount is paid on 23.8.2014 then how much interest is to be paid. whether interest to be charged for 2 months or 1 month.
21 August 2014
it will be paid for jul n aug both
Rupesh Jain
(Expert)
21 August 2014
as per law for one month but trace site calculate for 2 month. 2 1.5% per month.
harshit gupta
(Querist)
21 August 2014
But as per Law it is 1 month then why to pay for 2 month
CA P K AGRAWAL
(Expert)
21 August 2014
IN THE LAW - word is - for month or portion of month, here amount unpaid is for more than one month and therefore intt. for 2 months to be paid
Message likes :
1 times
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
- Depreciation Chart Companies Act
- GST Audit whether Govt Companies are exempt?
- PTRC Show Cause Notice on Email
- Accounting treatment of AMC alongwith the purchase of Laptop
- Unable to File TDS Q2 Return – New TRACES Portal Error
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- MSME disclosure and disallowance
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Taxation of crypto futures in India Fy 2026- 2027
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
