Delay in TDS payment

This query is : Resolved 

16 June 2011 Dear Sir, Delay in TDS payment, if i fails to do payment on 7th of every month, i.e on 7th june, but i paid on 8th June on wards then how many months has to calculate interest and rate of interest.

16 June 2011 According to me interest will calculated for the period started from when it is due and to the time of payment.

16 June 2011 u/s 201 - 1.5% per month


21 June 2011 Dear Sir,

i have not paid the TDS for this month. How much interest should I pay along with TDS.

Kindly advice me the percentage.




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