Remitance of tds after due date with out paying interest.

Hi Friends,

I have deducted TDS of my client as on date 30/09/2012.and remitted to bank as on 22/10/2012 insted of with in 07/10/2012.

now i am ready to pay that interest.is there any additional interest has to be paid.at what rate? and from which date?

Replies (5)

Hi Nagendra. Interest on late payment will be charged @ 1.5% p.m or part or month ....so in your case even the payment is delayed by 15 days but interest will be charged for fyull month i.e @ 1.5%(p.m).

completely agree with the above comment

if i will pay interest in january 2013.what will happen ? please considred Q3 also get over.

In January you can also pay but then you need to pay 1.5% interst extra.......no other issue

Thanks friends.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 25 August 2026
CA Article's

Saini Pati Shah & Co LLP

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 24 August 2026
Chartered Accountant Articles

Rohit KC Jain & Co

New Delhi

CA Inter

View Details
Company
29 August 2026
Chartered Accountant

Velionit Consulting PVT LTd

Mumbai

CA

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
08 September 2026
Semi-Qualified Assitant

Subrahmanyam & Sivudu CA Firm

Hyderabad

CA Inter

View Details
Company
ARTICLESHIP 01 September 2026
Article Assistant

SGNG & Associates

New Delhi

CA Inter

View Details
Company
24 August 2026
Semi-Qualified CA/CA Finalist - Tax, GST, Audit & Accounts

Bharat Shah & Associates

Mumbai

CA Inter

View Details