Interest calculation on tds late payment

Nice  Explanation to Every one..........Thankx to one nd all

Refer my updated interest on TDS calculator as per Traces. Please let me know, if there are variation.

Vilas C Rajapkar

hi can anyone tell me how to calculate interest on short payment?

short payment 17484

short deduction 984

interest on short payment 3393

interest on short deduction 117

late filinf fee u/s 234e 3000

                           total   24978.

I am dhrithi articled assistant and i do not know how to do the calculation as iam new to all these.

1. supose if my date of payment is on 30/9/12 and date of deduction is 30/09/12 what will be my due date ?? 

2. date of payment  date of deduction  date of deposit   due date

    30/9/12               30/9/12                 13/10/12              ???

how to calulate interest on short payment and short deduction??

please help....

thank you very much sir.

sir what is the rate of interest because as per the notice

short payment is 17484 

short deduction is 984

interest on short payment is 3393

interest on short deduction is 117 

sir can you please me the working?

thank you.

But pls tell me that by this calculation is there any chances of interest on TDS for 1 Month?

Exa:- Date of Payment and Deduction is 31/10/2013. and Payment of TDS is on 09/11/2013.

Then How much is the Months of Delay??

If there is 2 Months Delay,then is there any chances of 1 month delay?

I have deducted the TDS U/s 194 J on 31.12.2013 but i have not paid the TDS 07/01/2014. how much interest i need to pay?

I have received a tds error notice, but how to check that short payment of 17484 and short deduction of 984 in the notice is correct? what should i do check whether its correct or not ? can i check in 26AS ?? 

Please help..

Thank you.

The Delay shall be considered for 2 months in this case.

We have deducted TDS on Salary on 30.04.2013 and deposited the TDS on 09.05.2013. For what period the Interest will be charged for late payment of TDS. TDS CPC is asking for 2 months interest. How to contest?

i think 2months @ 1.5%

please correct me if i am wrong.

oops !! salary ?  then iam not sure. :-P

hi every one

i want to know how will i get justification report form traces-TDS.and how can i get the details for authentication code to obtain justification report?