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Querist : Anonymous

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Querist : Anonymous (Querist)
19 December 2011 Adhoc salary was paid on 16.11.2011on which tax Rs. 25000/- was deducted, however such TDS was deposited into bank on 19.12.2011. How much Interest amount can demand for delay payment of TDS by the Income Tax Officer?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
19 December 2011 2 months interest @1.50% per month total 3% interest
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anurag

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anurag (Expert)
20 December 2011 Agree with the expert.
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