Tds default notices

This query is : Resolved 

19 March 2012 I have received a tds notice from tin-nsdl regarding late deposition of tds deducted. They are charging interest for the default period only and not upto current date.
So i want to know how much amount of interet do i need to deposite (i.e. upto default date or upto current date).

Plz suggest in this regard.

19 March 2012 It will be till default date like if you deducted TDS on 5 Jan 12 so due date is 7 Feb 12. But you deposited it on 10 Feb 12. Then interest will be paid for only 1 month. If you deposit this interest in March-12 then also interest will be only for 1 month.



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