TDS PAYMENT, Other Topics

[Sarfraz Khan]

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.

Posts / Replies

[Ganeshan Kalyani]

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.