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
Replies (5)
even one day of next month is treated as part of month & int levied for one more month as a whole
than in dt 15 days or more take a one month or less than 15 month igonre concept applicable or not here
plz show me any question for example
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.

even one day is considered as full month

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