1. What is TDS Late Fee?

TDS (Tax Deducted at Source) late fee is a penalty charged when TDS payments are not made to the government by the due date. The current late fee is ₹200 per day until the payment is made.

2. How is Late Fee Calculated?

The late fee is calculated using this simple formula:

Where:

• 200 — Fixed late fee amount per day (in ₹)
• Number of Days Late — Days between due date and actual payment date

3. Importance of Timely TDS Payment

Details: Timely TDS payment avoids penalties, interest charges, and potential legal consequences. It also ensures smooth tax compliance and avoids unnecessary financial burdens.

4. Using the Calculator

Tips: Simply enter the number of days late the TDS payment was made. The calculator will automatically compute the total late fee amount.

5. Frequently Asked Questions (FAQ)

Q1: Is there a maximum limit to the late fee?
A: Yes, the late fee cannot exceed the amount of TDS that was to be paid.

Q2: Does this calculator include interest charges?
A: No, this only calculates the late fee. Interest at 1-1.5% per month may also apply.

Q3: When is TDS payment due?
A: Typically by the 7th of the following month (except March, due April 30).

Q4: Can late fees be waived?
A: In rare cases with valid reasons, you may request a waiver from the tax department.

Q5: How can I avoid late fees?
A: Set reminders for due dates, make payments well before deadlines, and maintain adequate funds.