i deducted tds of my creditor Rs 5000 on 31st January but will be paying it on 8 february. how much interest would i have to pay.
Thanks in advance.
Menu
Dear all please help... its urgent
Replies (5)
Interest 1.5% for late payment of tds and default period from the month of deduction so 2month*1.5% = 3% interest you have to pay
Here find attached due date and interest calculater which i designed kindly offer your comments
please find attached
Recent Topic
- Dividend difference in 26AS, AIS, TIS
- 194JB INCOME
- Filing ITR3 where income under section 44AD with L
- What is superannuation fund
- GST Refund of input services under Inverted Duty S
- Dividend Reporting
- Real operational bottlenecks after firms use Tally
- Purchase return under gst
- Long Term Capital Loss - cannot be carried forward
- Cross-utilization of ITC between Trading and Resta
Related Topics
CAclubindia
