TDS for the month of January has to be paid by 7th Februray. In case the person does not pays by 7th February, whether intest @ 1%(i.e. February) or for 2 months (i.e. January and February) neeeds to be paid?
12 January 2010
No if you not paid on or before 7th Feb Interest will be counted from 7th Feb on wards, but no days base calculation even part of the month calculated as full month