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Tds interest

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(Querist)
19 February 2011 If i deduct tds on 15-4 -10 of Rs. 50000 u/s 194c and deposit on 18.9.2010 so wht is the interest amount ? Plz explain in detail.
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CMA. Subhash Kumar Jha

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CMA. Subhash Kumar Jha (Expert)
19 February 2011 15/4/10 to 30/6/10 > 1% per month = 500 X 3
01/07/10 to 31/7/10 > 1.5% = 750/-
01/08/10 to 31/8/10 > 1.5 % = 750/-
01/09/10 to 18/9/10 > 1.5 % = 750/-
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Guest (Expert)
20 February 2011 Follow Mr. Jha
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