Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month. Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month.

Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month. Under Section 201(1A) for late deposit of TDS after deduction, you have to pay interest. Interest is at the rate of 1.5% per month from the date at which TDS was deducted to the actual date of deposit. Note, that this is to be calculated on a monthly basis and not based on the number of days i.e. part of a month is considered as a full month. As Per Finance Act 2019, there are changes in TDS Rate Chart For FY 2019-20.Under Income Tax compliance’s of TDS is required. TDS stands for Tax Deducted at Source. TDS is applicable on payment of Salary , Professional Fees , Interest etc. The TDS have various rates from 1 % to 30 %. The deductor then deposits this TDS amount to the Income Tax (I-T) department. Through TDS, some portion of your tax is automatically paid to the I-T department. Thus, TDS is considered as a method of reducing tax evasion. Tax is deducted usually over a range of 1% to 10%. Due Dates for Payment of TDS The certificate on Form No. 16A should be issued within fifteen days from the due date for furnishing the “statement of TDS” under rule 31A. Penalty on Failure to Issue TDS Certificate Rs. 100/- every day for the period failure continues subject to a maximum of TDS amount.

5 Dec 2017 6. 4.3 Deduction of Tax at Lower Rate. 6. 4.4 Deposit of Tax Deducted. 6. 4.4.1 Due dates for payment of TDS. 6. 4.4.2 Mode of payment of TDS.

As Per Finance Act 2019, there are changes in TDS Rate Chart For FY 2019-20.Under Income Tax compliance’s of TDS is required. TDS stands for Tax Deducted at Source. TDS is applicable on payment of Salary , Professional Fees , Interest etc. The TDS have various rates from 1 % to 30 %. TDS on rent payable to Central Government is to be accompanied by a challan cum statement in Form 26QC. Certificate of TDS IN Form 16C is to be submitted to payee within 15 days from the due date of furnishing the challan cum statement. For example: If the due date of TDS payment is April 15th and the TDS was deducted on March 30th. So, here the interest will be calculated for the time period starting from March 30th, instead of April 15th which is the due date. It becomes quite troublesome when you miss the due date of TDS payment by a day or two. In case the property is purchased by seller, PAN number is required or TDS will be deducted at the rate of 20%. Buyer is also required to show his PAN number. TDS has to be deposited along with Form 26QB within 7 days from the end of the month in which TDS was deducted. TDS – Rate Chart, Provisions, Penalty, Return Due Date. Tax Deducted at Source (TDS) is one of the modes of collecting income tax in India at the very source of income, governed under the Indian Income Tax Act of 1961.

Due date for payment of whole amount of advance tax in respect of assessment year 2020-21 for assessee covered under presumptive scheme of Section 44AD/ 44ADA 17 March 2020 - Due date for issue of TDS Certificate for tax deducted under Section 194-IA in the month of January, 2020

11 Feb 2016 The due dates for the payment of the deducted TDS are on or before 7th be applicable at a rate of 1% per month from the date when it should  Tax Deducted at Source: Applicable rates, Forms, Types and due dates. Section, Section and Nature of Payment, TDS Rates for payment made to Indian divided into three parts that contains BSR code (7 digits) of bank, date of deposit and  The interest and late filing fees (if any) have been paid to the government's credit. Interest Rate for TDS  6 Jan 2020 Interest at the rate of 1.5% per month ( from the date when it was deducted to the actual date of deposit) has to pay for late payment of TDS after  4 Jan 2018 CBDT extends due date for filing of TDS statement in Form 24Q for financial year 2018-19 from 31st of May, 2019 to 30th of June, 2019. Also, the  ​Due date for furnishing of Form 24G by an office of the Government where TDS/ TCS for the month of February, 2020 has been paid without the production of a 

TDS – Rate Chart, Provisions, Penalty, Return Due Date. Tax Deducted at Source (TDS) is one of the modes of collecting income tax in India at the very source of income, governed under the Indian Income Tax Act of 1961.

The deductor then deposits this TDS amount to the Income Tax (I-T) department. Through TDS, some portion of your tax is automatically paid to the I-T department. Thus, TDS is considered as a method of reducing tax evasion. Tax is deducted usually over a range of 1% to 10%. Due Dates for Payment of TDS

As Per Finance Act 2019, there are changes in TDS Rate Chart For FY 2019-20.Under Income Tax compliance’s of TDS is required. TDS stands for Tax Deducted at Source. TDS is applicable on payment of Salary , Professional Fees , Interest etc. The TDS have various rates from 1 % to 30 %.

The interest and late filing fees (if any) have been paid to the government's credit. Interest Rate for TDS  6 Jan 2020 Interest at the rate of 1.5% per month ( from the date when it was deducted to the actual date of deposit) has to pay for late payment of TDS after 

6 Jan 2020 Interest at the rate of 1.5% per month ( from the date when it was deducted to the actual date of deposit) has to pay for late payment of TDS after