THE PURCHASE CONSIDERATION PAYMENT BEFORE 1/4/13 WAS RS. 42 LAKHS, THE PAYMENT AFTER 1/4/13 IS RS. 48 LAKHS, THE SALE DEED WILL BE RS. 100 LAKHS, WHEN WILL TDS BECOME DUE? IF TDS HAS NOT BEEN DEDUCTED SO FAR, WILL THE ASSESSEE HAVE TO PAY INTEREST ON LATE DEDUCTION AS WELL AS LATE PAYMENT OF TDS?
If TDS has not been deducted, interest rate will be 1% pm (not 1.5%)
Naveen Fintech Pvt Ltd
Kolkata
CA Inter
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