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TDS due date alert- 07.10.2016!

Updated on: 08 Aug, 2023 03:13 PM

Just two days left for depositing the TDS deducted in the month of September 2016 as its due date is 07.10.2016.

So, hurry up, otherwise, you would be charged with interest u/s 201 @ 1.5% per month or part of the month from the date of deduction to the date of deposit and in the case, where even tax has not been deducted then interest will be levied at 1% for every month or part of a month for delay in deduction.

CA Abhishek Soni
CA Abhishek Soni

Abhishek Soni is a Chartered Accountant by profession & entrepreneur by passion. He is the co-founder & CEO of Tax2win is amongst the top 25 emerging startups of Asia and authorized ERI by the Income Tax Department. In the past, he worked in EY and comes with wide industry experience from telecom, retail to manufacturing to entertainment where he has handled various national and international assignments.