amt paid DT. 12/03/2013 Tds Deduction DT. 12/03/2013 due DT. 31/04/2013 but We had paid on 02/05/2013. how many month interest will come for above situation. thanks in advance
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Tds delay payment interest
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amt paid DT. 12/03/2013 ,Tds Deduction DT. 12/03/2013 ,due DT. 31/04/2013 but We had paid on 02/05/2013. how many month interest will come for above situation. thanks in advance
Interest shall be charged for 3 months
Just for 2 days delay we have to pay 3 months interest ah ?
CPC is collecting interest like pawn brockers for two days delay they charging 4.5% interest.
No idon't agree with above views. Interest should be calculated for 2 months only as per law. (for full month 12.03.13 to 11.04.13 and for part of a month 12.04.13 to 02.05.13)
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