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TDS

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10 July 2009 one company has deduct TDS Amount 3090.00 on 30/04/2009 and depposit this amount on 09/07/2009. can any one tell me about interest amount and also interest rate on late payment on TDS?

Thanks in Advance.
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Ratan Sharma

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Ratan Sharma (Expert)
10 July 2009 Interest @ 1% per month.
Interest payable Rs. 90/-
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saurabh

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saurabh (Expert)
10 July 2009 agree with the expert. Interest @ 1% for the month of May,june & July.
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