Interest calculation for delayed payment of TDS
The interest is to be calculated as per illustrations below: Case 1: Tax Deducted on 26th June, TDS deposited on 9th July (due date was 7th July) The period of 26th June to 30th June… Read more »
Tag: TDS Payment
Interest calculation for delayed payment of TDS
The interest is to be calculated as per illustrations below: Case 1: Tax Deducted on 26th June, TDS deposited on 9th July (due date was 7th July) The period of… Read more »
TDS Compliance for 4th Quarter of FY: 2014-15
Last date for payment of tax deductions for March 2015 – 30th April, 2015 Last date for filing of TDS returns for Q4 of FY: 2014-15 – 15th May, 2015… Read more »
Due Date of TDS payment for January 2015 is 7th February, 2015
Due Date for payment of TDS Deducted during January 2015 – 7th February 2015 Please Note: In case the assessee deposits the TDS Payment after the due date of payment… Read more »
CPC (TDS) Advisory to deductors making TDS payment through multiple challans in a month
CPC (TDS) has issued an advisory communication to deductors stating about the establishment of processing logic in the system that can accept a Single Challan per month for reporting of… Read more »
CPC (TDS) follow up for Payment of “Tax Deducted” within stipulated time
As per the records of the Centralized Processing Cell (TDS), this has been observed that there has been substantial delay in payment of the “amount of Tax Deducted” during the… Read more »