Interest for non deduction of tcs

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.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
30 September 2026
Senior Accountant

Codeboard Technology

Chennai

B.Com

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
ARTICLESHIP 01 October 2026
Articled Assistant

KPSN & Associates LLP

Chennai

CA Inter

View Details
Company
14 October 2026
GST & TDS ASSISTANT

AGGARWAL SANJAY & ASSOCIATES

New Delhi

B.Com

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
19 October 2026
Accountant

Jari Saree Center

New Delhi

Others

View Details
Company
ARTICLESHIP 07 October 2026
Article Assistant

Malhotra Rajesh & Associates

New Delhi

B.Com

View Details
Company
06 October 2026
Assistant Manager - Audit and Compliance

Ravi K Jain & Co

Noida

Others

View Details