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Tds interest % and days

This query is : Resolved 
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(Querist)
08 October 2012 Dear Sir,

We had deduct TDS ON Manpower Service contractor as on 31st July 2012,

Please advise interest rate % as well as days / months for interest payment on said payment.

Regards,

Malcome
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
08 October 2012 Interest has to be paid for 3 months @1.5% per month i.e, 4.5% of the TDS amount.
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