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Interest on tds payment for the March month
I had not deposited tds amount for the period of March 2020. due to corona dieses. Now I want to pay deducted tds amount shall I liable to pay interest on late payment of tds for the month of March 2020
Replies (4)
Quick Summary
Yes You are Liabilie To Pay Interest 9 %
1.5% interest per month. So, 4.5% interest only need to pay. Am I correct?
It's Changed To .75% From 1.50% During Lock Down
Interest @ 0.75 per month is applicable
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