banner_ad

Interest calculation on Late Payment of TDS

498 views 2 replies
Please note,

Date of Deduction of TDS - 30.11.18

Date of Deposit of TDS - 15.01.19

How to calculate Interest for late deposit of TDS, which is correct

Nov to Jan - 1.5% p.m. for 3 months

or

Dec to Jan - 1.5% p.m. for 2 months
Replies (2)
Nov to Jan - 1.5% p.m. for 3 months
 
Agree with you, I am always calculate interest as per your reply.Doubt raised while filling TDS return from TDSMAN Software (If tds deducted last day of the month not consider for interest calculation as per instruction / blog TDSMAN) - 2 months only from Dec to Jan)Is it right?






Why software alert for wrong calculation but I am right

Please read article on Interest on Late Payment of TDS on TDSMAN website, clearly instruct if tds deducted on last day of the month, not consider for interest calculation


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details