Interest on late payment of TDS March 21

273 views
User Avatar

Student
123 Points Posted on 11 May 2021
I have not paid TDS for the month of March 21.

If I pay today, will interest be applicable?
0 Reply Share Follow
On 11 May 2021 at 10:56 Report
Replies (3)
Quick Summary
This discussion addresses the consequences of not paying Tax Deducted at Source (TDS) for March 2021 by the deadline. It confirms that interest will indeed be applicable on the late payment. The interest rate is specified as 1.5% per month, or any part thereof, for the period of delay.

User Avatar

Chartered Accountant
24588 Points Posted on 11 May 2021
Yes Interest will be applicable @ 1.5%
Reply
On 11 May 2021 at 11:19
User Avatar

CMA
13117 Points Posted on 11 May 2021

Yes, interest @ 1.5% per month or part of the month.

Reply
On 11 May 2021 at 17:07
User Avatar

tax consultant
3306 Points Posted on 11 May 2021
Do you do all these by yourself? dont you have a professional person to assist you? you should be atleast be aware of the due dates
Reply
On 11 May 2021 at 21:07

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Topics :

  1. TDS Code for Salary Payment to Non-Resident Intern
  2. TDS on property
  3. Company data for software
  4. Car purchase to be eligible for ITC
  5. GST Refund on payment to builder
  6. TDS u/s 194Q on electricity supply by DHBVN etc.
  7. Subject: Can I Apply for Fresh GST Registration on
  8. Additional place in GST RC
  9. Company 3 months old, INC-20A not filed, all 3 of
  10. How do I choose the Best GST Lawyers in New Delhi

More recent discussions | Post

Related Topics :

Loading