kindly help to calculate the late payment of tds of Rs.926/- which was deducted in paymnet of party on 13.04.13 but till date it is not deposited in income tax department.
3 Replies
Sachin Rajput
(account exe)
(593 Points)
Replied 13 August 2013
Interest on late deposit tds = Rs 926*1.5% *5/12= Rs 6
ramakrishna
(article student)
(64 Points)
Replied 13 August 2013
hi..jasamine
part of the month considered as full month.
Interest rate is 1.5% pm
i.e 926*1.5/100*5/12=5.78
i.e RS 6/-
ramakrishna
(article student)
(64 Points)
Replied 13 August 2013
hi..jasamine part of the month considered as full month. Interest rate is 1.5% pm i.e 926*1.5/100*5/12=5.78 i.e RS 6/-
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