Tds on salary

This query is : Resolved 

03 April 2017 Ours is a proprietorship firm. We started deducting tax on salary from June 2016. But we got TAN only in January 2017. Have we to pay default interest for late remittance of TDS.

04 April 2017 You have to pay 2% per month interest for such delayed remittance.

04 April 2017 Thank you Sir. 2% or 1.5% we have to check

06 April 2017 You are right it is 1.5%...............


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