M.Com
31 Points
Joined September 2015
Dear All
i have paid advance to Contractor party and deduct TDS of Rs 5.3 Cr. (Section 194C @ 2%) and also Make a provision on party work done and pass the entry of TDS Deduction (Section 194C @ 2%) Rs 1.43 Cr. on 31-3-18.
But i have paid to govt 5.3 Cr. (Section 194C @ 2%) on 30-04-2018
Now i want to know what is the interest on my end in amount from which section.
Please also provide calculation.