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Rent for tds

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party generate  Rent Bill  for Rs. 1,25,360.00 Dt.  30/04/20 but our Factory was Opened  20/05/2020 (for Covid 19 purpose) , now we want to payment this bill after deducted TDS. Please guide us   1) how to calculate interest  2) IF We book rent bill 20/05/2020 in accounts and calculate TDS Interest  then it is right or wrong.....

Replies (1)
If You book the rent bill with deducting TDS in may month and You pay the TDS on or before due date (may month due date) then no need interest...
Bcoz, TDS deducted on May month. So, no need.


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