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Income Tax - Highlights / Catch Notes

Home Highlights December 2017 Year 2017 This

Levy of interest for late deposit of TDS for two months instead ...


Dispute Over Two-Month Interest Charge on Late TDS Deposit Despite Delay Being Only a Few Days.

December 11, 2017

Case Laws     Income Tax     AT

Levy of interest for late deposit of TDS for two months instead of one month - delay of few days - the question of levy of interest for the second month can arise only if the period of time between the date on which tax was deducted and the date on which tax was paid to the Government exceeds one month. - AT

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