DEEPAK JANGRA (Articleship under Naresh Jai & Associates) (95 Points)
08 February 2014i 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.
ANAND S
(student)
(162 Points)
Replied 08 February 2014
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
ANAND S
(student)
(162 Points)
Replied 08 February 2014
Here find attached due date and interest calculater which i designed kindly offer your comments
ANAND S
(student)
(162 Points)
Replied 08 February 2014
please find attached
CAclubindia
