Interest On Dividend Distribution Tax

Sivaraman A R (.) (1040 Points)

28 January 2010  
One of my clients a Private Limited Company declared dividend on agm conducted on 31.08.2009. dividend declared is Rs 209,650 and DDT payable on the same is Rs 35630/-. Provision is kept for the same in the financial statement of 2008-2009. Hitherto DDT is not paid to the Government. Is there any interest chargable on non-payment of DDT of Rs 35630, if it is paid now?