Tds for the month of march 2013


This query is : Resolved 

03 May 2013 Dear All,
Greetings!

Due to some reason, we could not deposit the TDS for the month of March 2013 on either 7th april or 30th April 2013. Please suggest what we are supposed to do now. We should pay the interest for 1 month if we pay it by 7th May 2013!!!!!!
Looking forward for your quicker suggestion.

Regards,
Vijay Mishra

03 May 2013 Interest on late deposit will have to be paid @1.5% per month or part in excess of a month.

For detail understanding check out below links-

For a better understanding check out below links---

https://www.caclubindia.com/articles/a-day-s-delay-in-tds-remittance-interest-upto-3--6580.asp#.UYEEj7VjWbY


https://www.caclubindia.com/experts/tds-577865.asp#.UYEFKbVjWbY


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