22 June 2010
hello all Can any company submit TDS on salary after 15th June ? If yes then from which date they have to pay interest and wht interest wil be charge? and is there any penalty provision on late deposit tax return and TDS amount. wht is that provision
22 June 2010
Delay payment of TDS attract only Interest 1% per month of part of month from the date if deduction date to payment date and Delay filing of return attract Penalty Rs.100 per day.