Tds calculation

This query is : Resolved

Guest

Guest (Querist)

13 April 2012 gud afternoon to all experts,
my tds for the month of feb"12 was 2500. but due to some problem i was deposit at due date(7 march.) but now i want to deposit tds for the month of feb"12 with tds for the month of march.
now my query is only that what interest i will add in tds amt. for the month of feb"12
detail given below
tds for the month of feb"12- 2500
tds for the month of march"12- 3000

Dintakurthi Tirumala

Dintakurthi Tirumala (Expert)
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13 April 2012 For the month of Feb'12 TDS interest is payable @1.5% per month i.e 2,500*1.5%*2 = Rs.75 if you paid it now.

For the month of Mar'12 TDS no need to pay interest because for the month of March the due date to payment of TDS is upto 30th April.

OM SAI SRI SAI JAI JAI SAI

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