Category Archives: TDS

Tax Deducted At Source

Can the TDS statement be filed without payment of interest?

No. Every deductor has to furnish quarterly statement in respect of tax deducted by him i.e., TDS return. As per section 201(1A), interest for delay in payment of TDS should… Read more »

What will be the Interest paid by deductor in case the deductee has paid the tax?

A TAN holder who fails to deduct whole or any part of the tax at source is treated as an assessee-in-default. But, as per provision in section 201 the TAN… Read more »