21 December 2013
How TDS LATE PAYMENT INTEREST IS CALCULATED. FOR EXAMPLE:- TDS IS DEDUCTED ON 25/04/2013 AND PAID ON 10/05/2013.THEN INTEREST IS CALCULATED FOR 2 MONTHS(25/04/2013 TO 30/04/2013 AND 01/05/2013 TO 10/05/2013) OR 1 MONTHS(FROM 25/04/2013 TO 10/05/2013).