Tds interest matter
This query is : Resolved
Guest
Guest
(Querist)
06 June 2013
i want to discuss about tds payment for the previous f.y 2012-2013. i did not deposit tds of f.y 2012-2013.sir my detail given below april-5000
may-nil no tds
june- nil no tds
july-10000
august-no tds
sep- no tds
oct- no tds
nov-no tds
dec-no tds
jan- no tds
feburary-15000
march- no tds
then sir if i will payment of tds f.y 2012-2013 tommorrow 7.6.2013 then sir how many month interest i will paid plz sir sir if tds deduct all month then ii calculate simple. but sir in some month no tds deduct so why i will give other month interest. so i need your help because sir you are genious
i want to discuss about tds payment for the previous f.y 2012-2013. i did not deposit tds of f.y 2012-2013.sir my detail given below april-5000
may-nil no tds
june- nil no tds
july-10000
august-no tds
sep- no tds
oct- no tds
nov-no tds
dec-no tds
jan- no tds
feburary-15000
march- no tds
then sir if i will payment of tds f.y 2012-2013 tommorrow 7.6.2013 then sir how many month interest i will paid plz sir sir if tds deduct all month then ii calculate simple. but sir in some month no tds deduct so why i will give other month interest. so i need your help because sir you are genious
06 June 2013
interest at the rate of 1.5% permonth
period of delay will be caluculated as follows
=(from the date of deduction to date of deposit)
assuming you have deducted tds on every month on first of month (please provide exact date of deduction)
so interest is as follows
for depositing
April= 5000*1.5%*15 months of delay
July=10000*1.5%*12 months of delay
february=15000*1.5%*5 months of delay
(delay for part month also to be considered as full month)
period of delay will be caluculated as follows
=(from the date of deduction to date of deposit)
assuming you have deducted tds on every month on first of month (please provide exact date of deduction)
so interest is as follows
for depositing
April= 5000*1.5%*15 months of delay
July=10000*1.5%*12 months of delay
february=15000*1.5%*5 months of delay
(delay for part month also to be considered as full month)
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