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Interest on tds

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Querist : Anonymous

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Querist : Anonymous (Querist)
17 February 2012 What is interest on TDS if
Date of deduction is 08.07.2011 and
date of deposit is 07.09.2011
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 February 2012 1.50% per month or part of the month for delayed payment of TDS. so your case 3 months 1.5% x3= 4.5%

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