kindly help to calculate the late payment of tds of Rs.926/- which was deducted in paymnet of party on 13.04.13 but till date it is not deposited in income tax department.
Menu
Late payment of tds
Replies (3)
Interest on late deposit tds = Rs 926*1.5% *5/12= Rs 6
hi..jasamine
part of the month considered as full month.
Interest rate is 1.5% pm
i.e 926*1.5/100*5/12=5.78
i.e RS 6/-
hi..jasamine part of the month considered as full month. Interest rate is 1.5% pm i.e 926*1.5/100*5/12=5.78 i.e RS 6/-
Recent Threads
- Gstr3b relationship
- Section 194T – TDS on Payments to Partners:
- Tax planning with HUF
- FCN ( Financial Credit Notes) Treatement in Books
- Indemnity bond notarization for Income Tax (NRI ou
- GST - RCM - for Commercial Building Rent
- Exemption from Penalty for delayed Board meeting
- TDS ON PROFESSIONAL FEES IN NON AUDIT CASE
- Penalty are applicable on short payment of GST
- Closing Stock111
Related Threads
CAclubindia
