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tds per month or part of month



any body explain that in calculation of int on tds how to calculate days ..I mean in part of month
 
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even one day of next month is treated as part of month & int levied for one more month as a whole
 
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than in dt 15 days or more take a one month or less than 15 month igonre concept applicable or not here
 
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plz show me any question for example
 
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CA

Originally posted by : Komal Agarwal
than in dt 15 days or more take a one month or less than 15 month igonre concept applicable or not here

 

No, not applicable. Even 1 day of the month is part of it. The above rounding doesn't work here.

 
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hyderabad

even one day is considered as full month
 
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