TDS
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
05 February 2010
What happened if TDS is not deducted for 4four month and i have decided to pay whole TDS in fifth month .what is the interest rate for these month.
CA Prashant Gupta
(Expert)
05 February 2010
interest is 1% per month.
but if you didn't depsoit 4 months then have you filled etds return.
if not then Rs. 100/- per day for not filling etds return. max penalty is tds amount.
but if you didn't depsoit 4 months then have you filled etds return.
if not then Rs. 100/- per day for not filling etds return. max penalty is tds amount.
Murtaza I Bhagat
(Expert)
05 February 2010
AGREE
you have to pay 1% monthly interest for non deposit of tds from dedution to deposit date (range of calculation)
and 100 perday for penalty for non filling of tds return from quarter ended next month 15 date max upto tds.
you have to pay 1% monthly interest for non deposit of tds from dedution to deposit date (range of calculation)
and 100 perday for penalty for non filling of tds return from quarter ended next month 15 date max upto tds.
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
- EPF ECR NEW FILE SEP 17TH 2026
- Under marginal scheme
- Clarification Requested: Gift → NRO → NRE → Overseas Transfer - USA/CANDA (FEMA & Tax Compliance)
- GST on Renting godown to KFCSC for Storage of Raagi
- Capitalgain tax purposes for valuation report compulsory
- Import of Software Service.
- Utilisation Fy 25-26 TDS challans in Fy 26-27 TDS Return
- Oct 2025 Invoices
- TDS on Fixed Assets purchased
- SECTION 393(3) TAX ON CASH WITHDRAWAL
- Capital Gail Exemption Certificate
- 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?
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
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
