21 August 2013
interest paid for the late payment of TDS, and interest is paid on 31/05/2013, whether it is shown in account as Provision for interest on TDS is Payable.
21 August 2013
Incase interest related to last year and due date is current year. no need to provide the provision. incase tds due date is also last year and paid current year, you can provide the interest will 31st March