Tds mater

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Bhagwan Shankar Rachha (Querist)
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09 February 2012 Dear All,

Pl. advice to us for failure of TDS Payment Regularly than what is rate of interest imposed on the TDS amt ? per month.

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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09 February 2012 For non deduction or late deduction of TDS @1% per month for the default period. For TDS deducted on time but delay in payment/remit to the Government @1.5% per month for the default period will charge as penalty.
OM SAI SRI SAI JAI JAI SAI

Bhagwan Shankar Rachha

Bhagwan Shankar Rachha (Querist)
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09 February 2012 Thank You.

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