TDS deposited after due date

This query is : Resolved 

07 April 2008 Dear Sir,

If any interest or penalities will be levy for delay payment of TDS after due date of 7th of Every month. If its what is the interest rate and penality for the same



Pls. inform me at the earliest

07 April 2008 Please let me know the answer

07 April 2008 Interest is charged @ 12% p.a.

07 April 2008 Dear Mr. PRAVEEN Sir,

Thanks for your earliest reply. I have deposited tax on 8th of April 2008 instead of 7th April 2008.
Shall i pay penalty or interest.and what is the rate of that.

07 April 2008 If I am going to pay tds on 08/04/2008 instead of 07/04/2008. Shall i pay interest with tax or penalty with tax or both of them
If applicable give me the rate of that interest.

07 April 2008 still the intt is payable @12 %.

08 April 2008 not only the interest but the expense would be totally disallowed.


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro

Follow us
add to google news


Answer Query



Company
25 June 2026
Accounts & Taxation Executive

Dindukurthy & Associates

Hyderabad

MBA

View Details
Company
22 June 2026
Finance Manager- Chartered Accountant

Triveni Turbine Limited

Bengaluru

CA

View Details
Company
29 June 2026
Accountant (Finance & Compliance)

TRIEYEZ

Kolkata

CA

View Details
Company
ARTICLESHIP 08 June 2026
Internal & Taxation Article

O P Bagla & Co LLP

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 27 June 2026
CA Articled Trainee And Paid Assistant

SKAA & Associates

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 30 June 2026
2 posts Article assistant and Articleship completed students

Chirag N Shah & Associates

Mumbai

CA Inter

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details