Tds payment

This query is : Resolved 

30 May 2013 Dear Sir,

How much is the interest % on late deposit of TDS??

30 May 2013 1.5 % per month on TDs amount

30 May 2013 Interest on late deposit of TDS 1.5% per month or part thereof.

Interest on late deduction of TDS 1.0% per month or part thereof.


30 May 2013 interest for late deposit will be caluculated from the date of deduction to date of deposit

and part of month also considered as month

suppose late deposit for period 2 months 1 day interest to be caluculated for the 3 months



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