TDS


This query is : Resolved 

08 September 2009 TDS deducted on 05-04-2008
TDS amount credited into Central Govt A/c on 31-03-2009.
For calculating Interest which date
i.e Due date:07-05-2008 Or 05-04-2008 is prefer.
??

And What is the rate of interest?

08 September 2009 Interest is to be calculated under section 201(1A) from 05/4/2008 to 31/2/2009 at the rate of 1 % per month or part of a month comprised in the period of delay.


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