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Tds interest rate

This query is : Resolved 

23 October 2012 From which period the rate of Interest on Late Payment of TDS was became 1.5% instead of 1%.

23 October 2012 Interest U/s 201 (1A) / 206(7)@ 1.5% is applicable from the date on which tax was actually deducted to the date on which tax is actually paid.

23 October 2012 From 01.07.2010

For late deposit of TDS after deduction (period :date from tax deducted and date of actual deposit)(rate 1.5 % per month or part thereof)




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