11 May 2015
On the TDS amount compute interest @ 1.5% per month or part of the month. . Interest is charged from date of deduction to date of payment. . If you have deducted TDS on 30.04.2015 or earlier and have not yet paid , you have to pay interest for April & May. . For interest calculator-You may refer the link https://www.caclubindia.com/share_files/tds-interest-calculator--62774.asp#.VVC6SI6qqko
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