TDS interest for delay in remittance 2010


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Querist : Anonymous

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Querist : Anonymous (Querist)
25 August 2010 Hi,

If tds is deducted in March 10 and is to be remitted in August 2010(whether int is at 1% from march 10 to Jun 10 and 1.5% for jul and aug
or
1.5% from march to aug 10)

Pls clarify

thanks

25 August 2010 1 % for march to June,10

1.5 % for July to aug,10

25 August 2010 In additon to that, Interest need to calculate from the date of deduction to the date of payment


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