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Interest on late payment of tds?

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(Querist)
11 October 2010 tds for the month of Feb10-10000,mar-10000

date of payment 25th June-10(for feb) and 31st july for march.

what will the interest that will be paid.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
11 October 2010 Interest @5% on TDS of Feb
(1% for feb to june)


and 5.5% on TDS of march
(1% for march to june and 1.5% for july)
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CS ,CMA Shambhu Kr. jha

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CS ,CMA Shambhu Kr. jha (Expert)
18 October 2010 A simpple interest of 12% p.a is applicable for the late payment of tds , in the other word it can be say that 1% P .m is the rate of interest for the late payment of tds
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