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late paymnet tds

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(Querist)
03 June 2011 Dear Sir,

We have deducted tds of Rs. 100000 as on april-2010 but we have not paid till day than how much intrest pay on this tds amount
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
03 June 2011 Apr - Jun - 3 months = 3 * 1% = 3
+
July - Jun - 12 months = 12 * 1.5% = 18

= 21% interest payable.

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