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Interest on late payment of tds calculation

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(Querist)
30 December 2013 Dear Sit,
I want to ask how interest on late payment of tds is calculated by department ?
e.g. If date of Deduction is 30.04.2012 (Due date : 07.05.2012) and
Actual Payment of TDS done on 12.06.2012
Is it 2 months delay or 3 months ?
i.e. interest on late payment of TDS @ 1.5 % is for 2 months in this case or for 3 months ?
I am asking this because received notice for default for 3 months delay for above example for one assessee.
Please help......
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TRINATH

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TRINATH (Expert)
30 December 2013 hi,
3 months for the above.


i.e 3*1.5= 4.5% on tds amount


Tnks,
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TRINATH

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TRINATH (Expert)
30 December 2013 hi,
refer bellow link:

https://www.simpletaxindia.net/2013/11/late-fees-for-etds-return-us-234e-can.html

Tnks.
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