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03 June 2010 I had debited interest on Loans u/s194A on 31.03.10 and Tds paid in June'2010. In this connection how much interest to be added.

03 June 2010 Sir,
You have not mentioned the date of deposit. The period of delay will be counted from 31.03.2010(date on which deductible) to actual date of payment. A delay of 30 days will be reconed as 1 month. Interest @ 1% per month/part of a month shall be payeble.



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