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What is interest rate of Delayed TDS payment?

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 March 2010 What is interest rate of Delayed TDS payment?
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CMA Ramesh Krishnan

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CMA Ramesh Krishnan (Expert)
14 March 2010 1% per month or part of the month
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G.Ramesh

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G.Ramesh (Expert)
15 March 2010 Agreed
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
15 March 2010 ..... from the date on which tax was deductible to the date on which it is actually paid.
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Aditya Maheshwari

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Aditya Maheshwari (Expert)
15 March 2010 It is 1% per month from the date on which tax was deductible till the date of payment.
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CMA Arif Farooqui

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CMA Arif Farooqui (Expert)
16 March 2010 1% per month or part of the month from the date on which tax was deductible to the date on which it is actually paid.
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