Interest on tds

This query is : Resolved 

13 June 2013 If not deducted on salary march how much interest will be paid on tds and cess also. Please clarify

13 June 2013 Please refer Section 201(1A)(ii)

Reproduced here for your reference

(ii) at one and one-half per cent for every month or part of a month on the amount of such tax from the date on which such tax was deducted to the date on which such tax is actually paid,

No cess is applicable on tds

Thanks & regards
Ganeshbabu k


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