13 February 2014
A LTD HAS NOT PAID TDS OF Rs. 10,000/- RELATING TO FINANCIAL YEAR 1999-2000 TILL DATE. INTEREST ON DELAYED TDS COMES TO Rs. 16,803/-.(INTEREST RATE 1% P.M. & FROM 01.07.2010 1.5% P.M. CONSIDERED) KINDLY CLARIFY WHETHER INTEREST ON DELAYED TDS CAN EXCEED AMOUNT OF TDS?????????? REPLY