How to calculate interest on tds

obalreddy (accountant) (282 Points)

04 July 2011  

Dear sir

 

My company taken loane  9,00,000/- for the last year nov-10. every month paid the interest Rs/- 9000 , every month deducted the tds 900/-. but  deducted the tds is not paid .

for the last five monthes is deducted tds 900*5=4500 in the amount calculate the interest

please clarified the doute sir

Thanking you

G.O.REDDY