tds

TDS 451 views 1 replies

friends,

 

for 11-12, 10-11 previous years what is the interest rate for late deposite of tds amount, thanks in advance
 

Replies (1)

Interest up to 30.06.2010
1.  For late deduction of Tax deduction at source-(rate 1 % per month or part thereof) 
2  For late deposit of TDS after deduction (rate 1 % per month or part thereof) 

 

Interest from 01.07.2010
1  For late deduction of Tax deduction at source-(period date from tax deductible to date of actual deduction )(rate 1 % per month or part thereof) 
2  For late deposit of TDS after deduction (period :date from tax deducted and date of actual deposit)(rate 1.5 % per month or part thereof)


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register