Menu
interest calculation is to be done day wise or month wise ?
i am paying july month 3b today so interest have to be calculated day wise or whole month wise. for e.g if the tax payable igst is 80,752 interest calculated 18% p.a comes to 1211. for a month so should i calculate for the month or day wise ?
Replies (2)
interest to be calculated on no of days
Yes day wise.....
Recent Topic
- ITR-4 – Gross Receipts or Turnover for Secti
- Unrelated entries in AIS and Form 26as
- Payment to foreign national
- Internal reconstuction
- IDS Refund – Annexure B & GSTR-3B Match,
- Can i should STCG and LTCG as business income ?
- Capital contribution in Firm
- Form 3CD – Clause 20(b) | ESI Contribution &
- Capital Gains on Dissolution of Partnership
- GST Payment through DRC-03 by cash against notice
Related Topics
CAclubindia
