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Income tax

TDS / TCS 716 views 4 replies

Guest

i hv to pay tds on profession and rent of march -12

kindly tell me last date for that and if i hv not paid it before then what is the interest on that

Replies (4)

sumit

CA final Student

151 Points Posted on 03 May 2012

last date was april 30...if you've deducted and not paid then 1 percent for month or part of month and if not deducted then 1.5 percent till the date of deduction and 1percent there from...hope this solves your query...

Regit

CA.Final

320 Points Posted on 04 May 2012

Due date for the month of March was March 30th.. After that, you will need to pay 1% interest for every month after the due date. As this will be on monthly basis, same interest will ba charged even if you pay on any day in the month.

Varuna

CA Student

102 Points Posted on 04 May 2012

Due date was 30th april for the month of march..1) Rate of Interest 1%p.m. or part thereof from date on which tax was deductible to date of deduction, 2)1.5%p.m. or part thereof from date of deduction to date of payment.