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Related to interest on late payment of tds

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26 June 2014 please solve this example. Tds amount 10000 Date of payment :- 15/06/2013 Due date of payment :- 07/07/2013 Date of deposit:- 15/08/2013 date of order pass :- 16/ 09/2013 how to calculate intrest till date
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 June 2014 interest is deductible for 3 months - June, July and August...
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Rupesh Jain

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Rupesh Jain (Expert)
26 June 2014 as per income tax 2 month but for TRACe it will 3 month.
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
26 June 2014 Dear Rupesh as per income tax only it is three months...traces computation are also based on income tax provisions only..

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