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Tds late payment interest calc

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Querist : Anonymous

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Querist : Anonymous (Querist)
18 June 2014 I WANT TO PAY TDS OF JAN-14 ON TODAY WORTH RS. 5000. WHAT IS THE TAX CALCULATION OF INTEREST TILL TODAY? PLS TELL ME. THANKS
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Sandeep Dharar

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Sandeep Dharar (Expert)
18 June 2014 Interest will b charged for 6 months.
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Guest

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Guest (Expert)
18 June 2014 interest will be calucalted from feb to june i.e. for five months

1.5 % per month

so 375 will b interest amount
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Sandeep Dharar

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Sandeep Dharar (Expert)
18 June 2014 Ankit plz update interest will b charged for 6 months i.e, from date(month) of deduction to payment date(month) hence from Jan-Jun comes to 6 months.

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