tds rates for f.y. 2006-07 & 2007-08

TDS 8794 views 12 replies
I have not paid TDS for a company for the month of september due to some errors now  i have to pay it after the duedates will i face any consequential penalties in form of interest for such delayings?
Replies (12)
shridhar1957
yes, intrest @ applicable rates.
I think you should pay off that tds with 1% interest pm
U r Liable for Interest @ 1% Per month or part of the month
tds rates for f.y.2006-07 & 2007-08
tds rate for f.y. 2006-07 & 2007-08
tds rates for concultants f.y. 2006-07
U have to pay with TDS as applicable + 1% interest per month (even day 1 of november will be counted as 1 month). TDS rate will be applicable as per nature of payment
tds rates f.y 2006-07 and 2007-2008
It is depend upon expenditure for contractor it is 2.06%, commission 10.30%, rent 20.60% Professional it is 10.30% Interest 20.60

Dear Sir,

Plse send me rate of T.D.S for the F.Y. 2006-07.

Thanking You

Yours faithfully

Ram Pratap Singh

MBA(finance)

yes you have to pay interest @ 1% pm with TDS


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