Reg: interest on non- deduction & late depsoit of tds

This query is : Resolved 

09 May 2013 If an assessee has not deducted TDS in Oct. 2012 till Dec. 2012
Then at what rate interest will be charged?
2.5% ( 1% for non deduction + 1.5% for non deduction)?

09 May 2013 Interest on TDS will apply if not deducted then 1 % per month or part of the month only.


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