Tds
This query is : Resolved
13 February 2016
in case payment made on april 2015 rs 80000.... no tds deducted on the same ....
now company wants to make payment of tds on the above mentioned amt @ 2% as is under 194C....
what will be the interest amt on this...
whether will hv to pay 1% for late deduction and 1.5% for late payment of tds from april to feb????
now company wants to make payment of tds on the above mentioned amt @ 2% as is under 194C....
what will be the interest amt on this...
whether will hv to pay 1% for late deduction and 1.5% for late payment of tds from april to feb????
13 February 2016
As per section 201,Interest shall be levied at 1%
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
- TDS on Purchase of Immovable Property by NRI from NRI
- Capital gain from sale of house property
- INTEREST APPLICABLE ON ITC REVERSAL PORTION
- Current Account Opening for Sole Proprietorship with Udyam Certificate - Zero Turnover
- FORM 26A APPLICABILITY
- Value of property in capital gain
- Regarding TDS Applicability For Director Remuneration
- When TDS on GST applied
- Before GSTAT- APL-02 Vs APL-04
- Annual return in Gst
- Transporter Declaration form
- E-Invoice applicability for new Startup
- Filing of MSME 1 form by companies
- Opting our of sec 44AD
- GST Treatment of Insurance Commission for Existing GST Holder
- Cash gift by grand mother to her grand daughter
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
