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Interest for TDS late payment for fy 2021-22
interest rate for late payment of tds for quarter 1 I fy 2021-22?
Replies (3)
Quick Summary
There is no change in the rate. It would be 1.5% pm or part of the month.
Under Section 201(1A) for late deposit of TDS after deduction, interest payment should be at a rate of 1.5% per month
Interest payable @ 1.5% pm or part of the month
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