TDS

This query is : Resolved 

05 June 2020 TDS Liability for March 2020 has been paid on dt 30.05.2020.

Please inform me, for tds calculation how many month to be considered.

05 June 2020 3 months to be considered at 0.75% per month.

06 June 2020 TDS CPC has been processing TDS returns and making additional demands for interest by charging interest @18% pa. The matter has been taken up and the CPC has now confirmed that it will reprocess the returns giving effect to 31st March 2020 ordinance.


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