02 April 2014
Greeting to all, I have deducted tax on 26/12/2013 but deposited on 20/01/2014. Interest is leveid @1.5% from the date of deduction to the date of payment. My question is Interest will be calculate for one month or two month. bcz from 26/12/13 to 20/01/14, it comes 1month.
CAclubindia
