Int. on late deposite TDS

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..... Int. on late deposite TDS
Query (Issue) Started By: - udit gupta Dated:- 16-9-2010 Last Reply Date:- 17-9-2010 Income Tax
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Income Tax
What is the Interest calculation of late d .....

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..... eposit of TDS. Example : If We deduct amount on 26 August 2010 and deposite on 6th October 2010. Regards Narendra Reply By GOPALJI AGRAWAL: The Reply: Interst under Section 201(1A) is 1% and is pa .....

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..... yable from the date on which such tax was deductible to the date on which such tax is actually paid. This provision is amended w.e.f. 01/07/2010 as under: 1% from the date on which such tax was dedu .....

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..... ctible to the date on which such tax is actually deducted. 1.5% from the date on which such tax was actually deducted to the date on which such tax is actually paid.
Discussion Forum - Knowledge .....

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..... Sharing .....

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