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Rate of interest for delayed payments

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(Querist)
31 May 2011 Sir,
I would like to know that what is the interest rate for delayed payments. If tax liability is from FY 2008-09, what is the rate of interest.

Ramana
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CA Unnikrishnan Nair N

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CA Unnikrishnan Nair N (Expert)
01 June 2011 13% p.a till 31-03-2011. Thereafter, 18% p.a
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CA. Krishna K Neeraj

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CA. Krishna K Neeraj (Expert)
06 June 2011 agreed with expert
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