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Tds payments
any notification regarding late fees if tds payments for june 2020 is done after july 7th
Replies (4)
No fee only Interest.Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest from the date at which TDS was deducted to the actual date of deposit.
At reduced interest rate or as usual 1.5%
1.5% as reduced interest rate was announced upto 30th june
Late fees is not leived on delay payment only interest levied @ 1.5% per month or part of month.
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