30 May 2012
YES, INTEREST FOR LATE DEDUCTION IS 1% PM PAYABLE AND INTEREST OF LATE PAYMENT IS 1.5% PM PAYABLE, FROM DUE DATE OF DEDUCTION/PAYMENT TO DATE DEDUCTION/PAYMENT.
30 May 2012
Please note that now the date of deposit in case of March payment is 30th April hence no interest on late payment would be applicable, if deposited on or before 30th April.
CAclubindia
