Interest on delay of TDS

can anyone tell me the effective date of change of interest on delay of tds from 12% to 18%??

Replies (5)

from 01/04/2010.

w. e. f. 01/07/2010 and not 01/04/2010

Yes it will be applicable from 01/07/2010 only.

Yes the effective date is 01/07/2010.

1/07/2010 only.......

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