Late fee interest

late interest how to calculate
Replies (1)

To calculate the total cost of delay, compute interest at 18% p.a. on your net cash tax shortfall (total liability minus cash ledger balance on the due date) and add the daily late fees (typically ₹50/day or ₹20/day for Nil returns) for the period of delay.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register