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Issue ID : 109350
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TDS PAYMENT

Date 29 Oct 2015
Replies1 Answers
Views 782 Views
Asked By

Dear Sir,

I have to pay one TDS payment for yr 31 MAR 2014 and my question is

1) How do Calculate Interest on TDS the amount is ₹ 3849/-

2) Can I revise TDS on today for Q 4 mar AY 14-15.

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Replied on Nov 24, 2015
1. Interest @1% be levied for every month or part of a month for delay in deduction of tax and 1.5% for every month or part of a month for delay in remittance of tax after deduction. yes you can revise TDs return.

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