Income tax act clearly states that if a deductor fails to deposit TDS within a due date or files after a due date, he will be liable for the interest of 1.5% per month from the date of tax deduction to date of tax deposit.
Please mark your satisfactory level...
My Dear ,
I thank you for marking the answer as satisfactory.
I have noted.
It will be very nice and helpful to our other members (and the answerer too) if you mark your satisfaction level on the grade scale below.
Please feel free to mark any point. I don't share it with anyone. I use it for doing my internal calculations only. I use these calculations to evaluate the service performance of the relevant virtuoso.
Here is the grade scale:
Thank you,
Yours sincerely,
Anu, Thakurani's bestie
Asked by namish on :Jul. 13, 2018
