intest on E-TDS

This query is : Resolved

Naveen Babu (Querist)
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23 July 2011 Dear Sir,

one of the entry in the FY.2007-08 Sept07 was left out in filling that year now we need to pay and file the correction return
i need to pay the amount with intrest,

how to calculate please suggest me

regards
Naveen

CMA. CS. Sanjay Gupta

CMA. CS. Sanjay Gupta (Expert)
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23 July 2011 Calculate interest on TDS on late deposit if TDS was deducted but not deposited @ 1% p.m. of TDS amount upto June 2010, from july 2010 till the date of deposit calculate interest @ 1.5% p.m.

Calculate interest on TDS on late deduction if TDS was not deducted and also not deposited @ 1% p.m. of TDS amount till the date of deposit.