Tds ( propritor)


This query is : Resolved 

18 February 2010 Can anybody clear me about tds for propritor ship firm..actualy we deducted tds from Sept 2009 to till date but not deposit it in bank.

So i want to know about penalty and int rate and due date of tds.

Thanks & Regards
Shailendra

18 February 2010 Interest is 1 % per month or part month need to pay along with TDS amount.Normal due date of TDS is 7th of the following month


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