Interest for non deduction of tcs

TDS 700 views 4 replies

What is the penal interest rates for non charging of TCS??

Kindly provide the date from which interest should be charged??

Replies (4)
From the date on which tcs is accounted @ 1.5% p.m. Tds tcs is the same obligation thanks corect me if i am wrong
From the date on which tcs is accounted @ 1.5% p.m. Tds tcs is the same obligation thanks corect me if i am wrong

So if TCS has not been accounted for should i calculate TCS and charge interest from the actual due date to date of payment??

Originally posted by : Roshan A

So if TCS has not been accounted for should i calculate TCS and charge interest from the actual due date to date of payment??

from date of invoice raised till the actual date of payment.


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