Hello,
I need to know I am deducted TCS of April but not paid to the government up to 7th may..
So how much Amount Of late payment interest should be charged and How much Month?
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How To Calculate Late Interest Payment pf Tcs deducted but not Paid?
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amount of TDS please ?
Interest will be levied at 1% for every month or part of a month for delay in deduction of tax and at 1.5% for every month or part of a month for delay in remittance of tax after deduction.
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