Tds late deposited


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
08 February 2018 SIR

I DEDUCTED TCS ON SCRAP IN THE M/O JAN 2018 , WHICH NEED TO SUBMIT ON 07.02.2018, BUT DUE TO SOME TECHNICAL REASONS I DEPOSITING ON 08.02.2018, PLEASE ADVICE HOW MUCH INTEREST NEED TO PAY ON RS 5500/-,


THANKING YOU

08 February 2018 Interest will be calculated @ 1.5% per month...
If you not deposited on or before due date then it will be calculated as second month...

So, You will be pay Interest @ 3%...

08 February 2018 Yes, Late interest applicable for 2 months @1.5 % PM, Total 3% interest i.e 165/- to be paid as interest other wise you will receive Defaults for interest on late payment.


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



Answer Query



Company
ARTICLESHIP 07 July 2026
Articleship

Jawahar and Associates Chartered Accountants

Hyderabad

CA Inter

View Details
Company
Featured 18 July 2026
Senior Manager- Finance & Accounts

apricus india

Ahmedabad

CA

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

Sahil Agarwal & Company

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 July 2026
Article Assistant

G A R U D & Associates

New Delhi

CA Inter

View Details
Company
05 July 2026
Financial Controller

NovumLake Partners

Mumbai

CA

View Details
Company
06 July 2026
Senior Accountant

Arvindkumar Maniar & Co.

Rajkot

CA

View Details
Company
28 July 2026
Senior accountant

RJ Public School

Bengaluru

B.Com

View Details
Company
ARTICLESHIP 16 July 2026
CA Article

Pipara & Co. LLP.

Mumbai

CA Inter

View Details
Follow