🇮🇳India

TDS कटौती डिफॉल्ट

2 verified sources

Definition

Missed TDS on vendor payments leads to 1.5% pm interest; common in creative vendor spends.

Key Findings

  • Financial Impact: 1.5% monthly interest on unpaid TDS (₹20,000-1 लाख/year)
  • Frequency: Quarterly TDS returns (24Q)
  • Root Cause: Manual TDS calc post-PO payment

Why This Matters

The Pitch: Retail Art Supplies pay ₹50,000-2 लाख extra interest/year on TDS defaults from PO payments. Auto-TDS computation at PO stage ensures compliance.

Affected Stakeholders

Payroll & TDS Officer, Vendor Accountant

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Financial Impact

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Current Workarounds

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Methodology & Sources

Data collected via OSINT from regulatory filings, industry audits, and verified case studies.

Evidence Sources:

Related Business Risks

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