Follow Us :

Section 201A of Income Tax Act

Nature of Default:

(i) Non-deduction of tax at source, either in whole or in part.

Interest subject to TDS/TCS amount:

1% Per Month

Period for which interest is to be paid:

From the date on which tax-deductible to the date on which tax is actually deducted.

(ii) After deduction of tax, non-payment of tax either in whole or in part

Interest subject to TDS/TCS amount:

1.5% Per Month

Period for which interest is to be paid:

From the date of deduction to the date of payment

Access Denied! Only Regstered Users Can Download The File "TDS Interest Calculator as per Section 201A of Income Tax Act". Register Here or Login

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
April 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
2930