I HAVE MADE ADVANCE PAYMNET TO THE CONTRACTOR IN THE MONTH OF APRIL 2022 BUT NOT DEPOSITED TDS AMOUNT @ 2% ON IT. NOW I AM DEPOSITING TDS AMOUNT IN THE MONTH OF JUNE 2022 BEFORE 7TH. WHAT WILL BE PENALTY/INTEREST I HAVE TO PAY ON IT? KINDLY SUGGEST WITH THE EXAMPLE FOR THE SAME.
Menu
TDS ON ADVANCE PAYMENT MADE TO THE CONRACTOR
Replies (4)
Quick Summary
You have to pay interest @ 1.5% for 3 months.
Interest is p.a. or p.m
It is per month ...............
Pls post actual dates.
Recent Topics :
- NSFA(National Food Security Act) commission
- RCM applicability on petty GTA freight (₹450
- Short payment reccieved in export & GST implic
- Parag Gupta vs Purushottam Aggarwal- who is best f
- GST applicability on own-vehicle goods transportat
- FAST DS Scheme 26
- 12A registration expired in FY 22-23 and is not re
- Seeking Clarification on Business Code Selection a
- CG on property sold after construction of a house
- Nursing Home Taxability
Related Topics :
ARTICLESHIP
04 September 2026
Accounts Executive
Hema Yashwanth & Associates
Chennai
B.Com
View Details
ARTICLESHIP
15 September 2026
Freelance Taxation Content Writer Intern
Interactive Media Pvt Ltd.
New Delhi
CA Inter
View Details
CCI
Pro
CAclubindia
