Tds deducted on 06/03/2012

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SANJAY RASTOGI

SANJAY RASTOGI (Querist)

01 May 2012 can we deposit tds which is deducted on 6/3/2012 after 1/5/2012.

swasti

swasti (Expert)

01 May 2012 The due date of depositing the TDS was 30/04/2012. However now you can deposit the TDS along with interest thereon. Remember that due date of filing TDS return is 15/05/2012.

Sumti Bhadani

Sumti Bhadani (Expert)

01 May 2012 Interest will be charged @ 1.50% per month or part of month from the date on which such tax was deducted till the date of deposit.

SANJAY RASTOGI

SANJAY RASTOGI (Querist)

02 May 2012 If we have deducted TDS on 06.03.12 and we are depositing the same on 02.05.12 than how many months interest (on delay deposit)we have to deposit either 2 months or 3 months.

Sumti Bhadani

Sumti Bhadani (Expert)

02 May 2012 06.03.2012 to 31.03.2012 = 1 month
01.04.2012 to 30.04.2012 = 1 month
01.05.2012 to 02.05.2012 = 1 month

Total 3 months

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