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
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
CA Praveen Chopra
(Expert)
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.
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.
If applicable give me the rate of that interest.
CA. GOPAL SONIKA
(Expert)
08 April 2008
not only the interest but the expense would be totally disallowed.
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