Interest on late payment of tds

manish kukreti (d) (30 Points)

22 June 2013  

Dear All,


I have received an intimation from TRACES regarding interest on late payment of TDS.

I booked the TDS on 30July 2012 & the amount deposited on 21st august 2012. I paid interest on TDS amount for 1 month @ 1.5%. But as per the justification report downloaded from the TRACES, interest should be paid for 2 months.


Please advise.........