TDS Late Payment Interest Calculator
The TDS Late Payment Interest Calculator helps you determine the interest payable on late payment of Tax Deducted at Source (TDS). TDS is an amount deducted by a payer while making payments such as salary, rent, or commission, and is deposited with the government. Failure to deposit TDS on time results in interest liability.
This calculator considers the TDS amount, the date on which TDS was required to be deducted, the date on which TDS was actually deducted, whether the TDS is on purchase of immovable property, and the actual date of TDS deposit. Based on these inputs, it calculates the due date of TDS deposit and the interest payable, providing you with accurate and timely information for your tax compliance needs.
Use this calculator to stay informed about your TDS obligations and avoid any penalties or interest on late payments.