Tds interest


This query is : Resolved 

15 March 2014 If i credit a account on 18.2.14 with Rs 1,00,000/- and TDS rate is 10 cent and i deduct TDS on 2.3.14 and now i hav to make the payment on suppose 20.3.14.. can any1 tell me how the interest calculation will be done.?

19 March 2014 Interest will be charged @ 1% from 18/2/14 to 2/3/14.


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