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Interest on tds deposit

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(Querist)
27 July 2011 Sir, Is the interest on TDS late deposit 1% or 1.5% please clarify.
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Mukesh Goyal

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Mukesh Goyal (Expert)
27 July 2011 Hi Krishna !

If delay in deduction then 1 %
If delay in deposit after deduction then 1.5 %

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