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OJAS CHACKO   27 July 2021

Interest for TDS late payment for fy 2021-22

interest rate for late payment of tds for quarter 1 I fy 2021-22?


 3 Replies

CMA Poornima Madhava

CMA Poornima Madhava (CMA)     27 July 2021

There is no change in the rate. It would be 1.5% pm or part of the month.

balu chandran

balu chandran   30 July 2021

Under Section 201(1A) for late deposit of TDS after deduction, interest payment should be at a rate of 1.5% per month
Nidhi

Nidhi (Chief Accountant)     31 July 2021

Interest payable @ 1.5% pm or part of the month

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