Interest on tds

date of filing----

qtr 1--- 15th july

qtr2---  15th oct

qtr 3--- 15th jan

qtr 4 --- 15th may

date of payment--

for april to feb---7th of d every subsequent month

for month of march-- 30th april

Ineterest on TDS-

from due date of deduction to actual date of deduction----1% per month or part of month

from actual date of deduction to actual date of payment---1.5% per month or part of month

plz correct me if m wrng.

Originally posted by : CA SUMIT GROVER
	date of filing---- qtr 1--- 15th july qtr2---  15th oct qtr 3--- 15th jan qtr 4 --- 15th may   date of payment-- for april to feb---7th of d every subsequent month for month of march-- 30th april   Ineterest on TDS- from due date of deduction to actual date of deduction----1% per month or part of month from actual date of deducation to actual date of payment---1.5% per month or part of month   plz correct me if m wrng.

Agreed ..

Originally posted by : CA SUMIT GROVER
	date of filing---- qtr 1--- 15th july qtr2---  15th oct qtr 3--- 15th jan qtr 4 --- 15th may   date of payment-- for april to feb---7th of d every subsequent month for month of march-- 30th april   Ineterest on TDS- from due date of deduction to actual date of deduction----1% per month or part of month from actual date of deduction to actual date of payment---1.5% per month or part of month   plz correct me if m wrng.

Completely agree with expert reply 

Originally posted by : CA SUMIT GROVER
	date of filing---- qtr 1--- 15th july qtr2---  15th oct qtr 3--- 15th jan qtr 4 --- 15th may   date of payment-- for april to feb---7th of d every subsequent month for month of march-- 30th april   Ineterest on TDS- from due date of deduction to actual date of deduction----1% per month or part of month from actual date of deduction to actual date of payment---1.5% per month or part of month   plz correct me if m wrng.

totally agree with CA Sumit...no doubt....

Originally posted by : CA SUMIT GROVER
	date of filing---- qtr 1--- 15th july qtr2---  15th oct qtr 3--- 15th jan qtr 4 --- 15th may   date of payment-- for april to feb---7th of d every subsequent month for month of march-- 30th april   Ineterest on TDS- from due date of deduction to actual date of deduction----1% per month or part of month from actual date of deduction to actual date of payment---1.5% per month or part of month   plz correct me if m wrng.

AGREED                                    

1.5% for every month or part of the month from the date on which TDS was deducted to the date of on which tds actually paid/deposted.