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Default in Interest on TDS

This query is : Resolved 

07 April 2009 To respected all member,

Earlier I had make payment of TDS after due date without interest. Plz tell me How I can correct this now ?. Here i m giving eg for clearfying my point
Tds Amt 100
Default 1 month
Interest Amt is 1% of 100 ie Rs 1/-
payment to Govt after Default Rs100 only(ie only TDS without interest)
unpaid amt of interest Rs 1
default in interest payment 2 month (still un paid)

plz gives me the actual amt now i have to pay to govt, refering applicable provisions of IT act
plz reply,
thanks

07 April 2009 Calculate the interest for the delay payment & deposit in to Govt Treasury

10 April 2009 in the given example u need to pay only 1 month interest...


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