what are interest rates for late payment of TDS

Thanks for updation for all of you.

Interst on non deposit and non payment of tds 18 % p.a, Section 201. of Income TAx act

Dear Sir/ Madam,

Please let me know the rate on late payment of TDS.

Regards

PRAHLAD

what is the interest rate if due to tds amount,we failed pay TDS ammount on time?

Dear Sir,

What are Interest and penalty rates for the Late Payment of TDS on Salaries,Contractors,Professional Charges & Rents Please send me mail.for example if i deduct TDS amount from 20000/-(94C)  on 05-06-08 but i didn't pay tds amount to income tax department,if i will pay on 30.11.08.so how much i will pay interest or penalty on 20000/-

Thanks & Regards,

Raju Akula

Thanks to all of you.

1% pm or part of the month. Even if the delay is for 1 day, treat it as one full month and then apply 1% rate.