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Tds

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18 September 2014 A company has booked expense on 31/03/2014 & deposited the amount with government in the month of May then for how many months company has to pay interest? what will be the answer if company had made payment on 30/03/2014 & deposited the amount with government in the month of May..
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
18 September 2014 In both the cases interest on late deposit of TDS @1.5 has to be paid for 3 months.
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