banner_ad

Remitance of tds after due date with out paying interest.

TDS 453 views 5 replies

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.


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 14 March 2026
Associate CA

N N V Satish&co

Hyderabad

CA

View Details