I want to know that If i deducted TDS on 1/4/2013 & deposited it on 20/5/2013. What is the calculation of interest for this on monthly basis i.e. 1 month delay or day basis i.e. 13 days ? Please solve my query.
Interest calculation on tds late payment
VISHAL GUPTA (MBA-Finance) (145 Points)01 May 2013