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Interest related to tds payment

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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 I have mistakenly forget to paid the TDS on professional which is working under me before 7th of May for the month of April.

Amount which need to paid = 10566

Now, I visit various website and understood the concept and Now , I need to pay 3% as interest because of two months April and May.

So,
Amount which need to paid = 10566
Interest should be =317

Please confirm Am i correct??

If no the please let me know what is the inetrest
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Nitin Bhuta

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Nitin Bhuta (Expert)
26 May 2014 yes it is correct amount
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Rupesh Jain

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Rupesh Jain (Expert)
26 May 2014 yes you havt to pay intt for two month @ 3% Rse. 317
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Querist : Anonymous

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Querist : Anonymous (Querist)
26 May 2014 Thanks Nitin and Rupesh.


U PEOPLE ROCK!!!

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