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Interest calculation

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Querist : Anonymous

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Querist : Anonymous (Querist)
27 September 2013 Dear Sir,

Please answer my question.

company paid Rs. 100000/- to Mr XYZ.( contractor ) on 5/12/2012. I want make to Dept for TDS on 26/09/2013. TDS is 2000/-. Interest 1.5%.How many do i take months to calculate interest.


SEKHAR
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CA Parul Saxena

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CA Parul Saxena (Expert)
27 September 2013 from 5.12.12 to 26.09.13 i.e.9 months 21 days
For 10 months interest to be calcultaed.

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