Actual date of payment of TDS

S.R.Babu Shankar (CFO) (106 Points)

10 December 2010  

I would like to know whether there is a delay  in remittance of TDS.

TDS amount for the month of May 09. The cheque for the amount was submitted to bank on 5th June. The cheque was sent for collection and it was debited in our account on 8th  June as 7th June was a sunday. However bank has given the challan on 9th with date of realisation as 9th June .

Please clarify whether there was a delay in remittance and interest is payable.