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TDS interest rate

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(Querist)
30 March 2011 Dear Sir,
Monthly We have deducted Rs.1800 as TDS from Rent but we have not paid so far, whatis the interest rate

Thanks
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
30 March 2011 Interest Rate 1.5% per month or part thereof (w.e.f. 01.07.2010, prior to this Rate was 1%)
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CA.ViVeK M ACA

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CA.ViVeK M ACA (Expert)
30 March 2011 you have to pay the amount along with a Simple interest of 1.5% for a month or part there of from the date of default to the date of payment
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