TDS not Deducted FY 2007-08
This query is : Resolved
A TRINADHA RAO
(Querist)
07 September 2010
What is the TDS Rate & Interest rate,Penlty
Aditya Maheshwari
(Expert)
07 September 2010
visit this link
https://www.caclubindia.com/share_files/new-tds-rules-28378.asp
https://www.caclubindia.com/share_files/new-tds-rules-28378.asp
CMA Ramesh Krishnan
(Expert)
07 September 2010
TDS rate based on Section
Interest will be 1 % per month or part of the month from the date of deduction
Penalty may be amount of TDS which is not deducted
Interest will be 1 % per month or part of the month from the date of deduction
Penalty may be amount of TDS which is not deducted
Aditya Maheshwari
(Expert)
07 September 2010
W. e. f. 01.07.2010 interest on late payment of TDS 1.5% p. m. In case of late deduction of TDS interest 1% p. m.
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