Tds interest late payment

TDS 354 views 3 replies

Dear Sir,

 

Kindly ADVISE late payment of tds one day so how much amount we have deposit  interset.

Tds Deducted -JUNE MONTH

TDS DUE DATE-   07/07/2016

TDS DEPOSIT-     08/07/2016

TOTAL AMOUNT-   275800/-

Replies (3)

Interest On TDS To Be Claculated For 2 Months From Date Of Deduction Till Date Of Payment @ 1.5% on Amount TDS

If 275800 is TDS Amount Thenn Interest Will Be 275800x1.5%x2 months = Rs.8,274/-

tnx ! i have calculated as same amount.

SOORY MEHUL JI

 

 I THINK THAT IF TDS DEDUCTE  ON AND AFTER DATE  09.7.2016 THAN  INTEREST CALCULATE FOR ONE MONTH ,

OTHERWISE TDS DEDUCTE BETWEEN DATE 1.7.16 TO 8.7.16 THAN INTEREST CALCULATE FOR TWO MONTH 

GOOD LUCK 


CCI Pro

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