Tag Archives: Late Deduction

Special Discount on TDSMAN (FY: 2019-20)

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On popular demand, we are pleased to announce the release of TDSMAN (FY: 2019-20). Now you can prepare TDS Returns for Q4 of FY: 2018-19 and all quarters of the… Read more »

Calculation of Late Deduction Interest

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If tax was deductible on 2nd June (i.e. at the time of giving credit or actual payment of the dues whichever is earlier) but was deducted on 3rd  June then… Read more »

Difference between Late Payment & Late Deduction

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The difference between late payment and late deduction: Late payment: After the tax is deducted at source it has to be deposited into the government account by 7th of the… Read more »