last financial year'2007-08 i have not deposit TDS amount
till today. can i deposit TDS amount now with interest.
please advise me.
Answer Posted / chandra.g
If Your are paying tds of Rs.2000/- on professional fees in
January 16. which u r supposed to pay on or before November 7.
Then on Jan 16th you have to pay Tds amt Rs.2000/- along
with interest Rs.45 for 69 days.
Interest for 69 days (from 8th November to 16th January ).
Interest is 1% per month. so 12% for 1 year.
2000*12%*69/365. = 45Rs.
So you have to pay Rs.2000 Tds and Rs.45 interest on 16 th Jan.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Please let me know the depreciation rates.... com 2011-12.... Vechicle - Computer - Furniture - Tel instrument -
What is DSCR and how to calculate the same.
Sir, in CEntral excise we need to pay some amt with interest ex.13815 amt for 66 days how to calcualte this?
Whether C Form can be issued for the transactions that made 5-6 years back? What are the procedures?
How We know we are liable for Profession Tax liability. I have an optics shop & I want PT Number so what should i do?
we are a manufacturer unit can we purchases of building material agst form "C" or vat C4?
we have received TDS Certificate (Form No 16A) from one company, we have checked online credited but they not credited to us (online credit)..how can i refund that amount. pls send us letter format
What is the Rate of Service tax for Short term accommodation services & Restaurant Services ?
How to reconcile a Vendor who is a supplier as well as a Contractor?
please explain what is actually E-15 what is its process and also what its importance.
We have paid service tax of March Bills on 30 March. we forgot to include some bills for service tax, now we can deposit the tax in april/may and how we enter the tax..in tally....
Ganesh & Gopal joined a firm drawing salary of Rs 25000 per month.After serving 3 yrs ,they started business of their own in partnership,contributing Rs200000(expected life 10 yrs,bought spare parts worth Rs 33000 from Kundu on credit.Office supplies were purchased for cash.Initially they were very busy in conducting their business operations but by the end of the 1st year,31/12/2005 they were disappointed when they found their bank balances.Following is the summary of their bank statement. Receipts: Share Capital Rs 250000 Collections from Customers 412000 Payments: Equipment 200000 Salaries of Assistants 88000 Rent advance for 2 yrs 96000 On-year ins. Policy on equipment 12000 Office stationery 27000 Payment to Kundu 29000 Withdrawals of Ganesh 90000 Withdrawals of Gopal 90000 Closing balance c/d 30000 ----------- Total : 6,62,000 Still amount receivable from customers for services to them amounted to Rs 30,000 & closing balance of office stationery is Rs2000,spare parts Rs2600 were utilised by the end of the year .Prepare trial balance with the available information and show total. Also what is the net profit.
what is the vat & cst rate with cst and without c form. TDS on salary how to deposti and which challan use for this
We are Interior Decorators in Chennai,Tamilnadu. I would like to know the vat applicable for us 14.5% or 5%. We supply the material and do the works at the sites itself.
What is Labour Cess? Pl. define. & what is rate of Labour cess.