Tds payment

481 views 2 replies
User Avatar

Student Others
24 Points Joined August 2013

Hi!

I pay a monthly rent of 50,000. The TDS amount at 10% is 5000 pm. I have deducted that amount and payed rent at 45000 pm for December 2012, January, February and March 2013. But I havent made the TDS payment yet. Can someone please tell me the interest amount I need to pay along with a total TDS amount of 20,000 as on September 2013. 

Thankyou

0 Reply Share Follow
On 29 August 2013 at 13:47 Report
Replies (2)
User Avatar

Article Assistant
193 Points Joined June 2013

Interest should be levied from the date of deduction to the date of payment @ 1.5% per month or part of the month

So please mention the date of deduction in your query

Reply
On 29 August 2013 at 17:40
User Avatar

Wealth Manager
5293 Points Joined December 2008

Penalty on late filing of TDS returns will also apply.

Reply
On 29 August 2013 at 18:09


CCI Pro

Leave a Reply

Post Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Recent Threads

More recent discussions | Post

Related Threads
Loading