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Interest on delayed payment of TDS

This query is : Resolved 

21 May 2020 Salary TDS for March 20 deposited on 21-05-20. Should I pay interest for 3 months. Pls clarify.
Hope Interest is at 0.75% per month.
Thanks.

21 May 2020 Interest for 2 moths @9% pa

21 May 2020 You have to pay interest for 3 months @0.75 PM since you have not paid with due date 30th April you have to calculate interest from March to May

22 May 2020 TDS on Salary for month of March is payable on or before 7 th of next month in which salary is credited or paid. Interest liability will be for 2 months.

23 May 2020 Interest for 3 months @ 0.75% p.m.


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