Tds for mar'13_ expert view need

This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
20 May 2013
Dear Experts,

Please provide me the expert view on the following issue.

TDS for Mar'13 has been deducted on 31st Mar'13 but paid on 20 May'13, now interest should be two or there months.

If tow months it should be Apr'13 and May'13.
It three months it should be MAr'13, Apr and May.

Regards




20 May 2013 INTEREST WILL HAVE TO BE PAID FOR TWO MONTHS i.e., APRIL & MAY.

20 May 2013 DUE DATE TO DEPOSIT TAX DEDUCTED IN MARCH IS 30-APRIL(RULE-30)

SO DELAY OF TWO MONTHS, AND HENCE TWO MONTHS INTEREST WILL BE APPLICABLE
AS CALUCULATED BELOW
(31-03-2013 TO 30-04-2013) 1.5%
(1ST MAY TO 20 MAY) CONSIDERED ONE MONTH (1.5%)

TOTAL TWO MONTHS INTEREST WILL BE APPLICABLE


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
12 June 2026
Accounts & Taxation Executive

Winshine Financial Services

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 18 June 2026
Article Assistance

RB KESHRI & CO.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 28 June 2026
Article Assistant

Sharma Chetan And Company

Gurgaon

CA Inter

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details
Company
ARTICLESHIP 27 June 2026
Article

SNCO

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
19 June 2026
Accounts Executive

Getfive Advisors Pvt. Ltd.

Ahmedabad

CA Inter

View Details