Tds late deposited
This query is : Resolved
Querist : Anonymous
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
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%...
If you not deposited on or before due date then it will be calculated as second month...
So, You will be pay Interest @ 3%...
KAVIRAJA ADDANGADI
(Expert)
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.
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