What is interest rate of Delayed TDS payment?


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

14 March 2010 1% per month or part of the month

G.Ramesh (Expert)
15 March 2010 Agreed

15 March 2010 ..... from the date on which tax was deductible to the date on which it is actually paid.

15 March 2010 It is 1% per month from the date on which tax was deductible till the date of payment.

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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