Rate of interest on delayed payment of tds

This query is : Resolved 

22 December 2015 aa

From Fy 2001-02 to Fy 2014-15 what was the rate of interest on delayed payment of TDS. I have paid interest on delayed payment of TDS @ 1%.

Some one has told me that the rate of interest on delayed payment of TDS was always @ 1.50% and never it was charged @ 1.00% subject to provision of interest on income tax liability.

yrs tarique rizvi
9821630130

22 December 2015 intt 1% when tds to be deducted to tds deduction date.

and intt 1.5% after deduction not deposited by you.
from date from tds to be deposited to actual deposit date. per month or part of month


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