Tds interest query

yashsr (CA) (2285 Points)

20 September 2013  

Hello,

I received a bill for Professional Fees dated 1st April 2013 and made payment on the same day. Now, I paid TDS by cheque to State Bank of India on 6th May 2013 but since my cheque was of other bank, it got cleared on 9th May 2013. Given that the due date is 7th May 2013, is there any interest to be paid?