Tag Archives: Late Deduction

Special Discount on TDSMAN (FY: 2020-21)

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On popular demand, we are pleased to announce the release of TDSMAN (FY: 2020-21). Now you can prepare TDS Returns for Q4 of FY: 2019-20 and all quarters of the… Read more »

Interest on Late Deduction of TDS

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The due date for deduction is either at the time of giving credit or payment of the dues, whichever is earlier. Late deduction happens in the event the tax is… Read more »

Interest on Late Payment of TDS

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In case the assessee deposits the TDS Payment after the due date of payment of the tax deducted at source, he shall be liable to pay interest @1.5% for every… Read more »

Tips to avoid Defaults in TDS Returns

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Make sure taxes are deducted on time and at correct deduction rates /amount. The applicable section under which the deduction falls should be correctly applied. Tax needs to be deducted… Read more »