Interest on Tds

This query is : Resolved 

24 May 2011 Please let me know about the interest on Tds on late payment

Amount credited on 31.03.11 so tds deposit last dt 30.04.11--- failed to deposit by 30.04.11 now want to deposit tds with Interest on 30.05.11

please let me know about interest showing method of calculation

24 May 2011 Interest will be levied for two months @ 1.5% i.e. 3%.

31/03/11 to 30/04/11 1.5%
01/05/11 to 30/05/11 1.5%.


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