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Rate of interest

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(Querist)
04 May 2017 The due date for making payment of TDS was 30th April 2017 for the month of March 2017 but few of the bills have been received today only. How to workout interest on delayed payment of TDS i.e. @ 1% or @ 1.50%
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CS Advocate Abhishek Goyal

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CS Advocate Abhishek Goyal (Expert)
04 May 2017 Interest has to be paid at rate of 1.5% per month or part of month starting from the month of tds till the date of actual payment of tds.
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