Interest on tds delayed remittance

Department is correct in levying interest for 3 months (05 Aug to 07 Oct)..... @ 1.5% p.m.

I agree with Ashish Gupta and Kiran Sutrave and also department calculation is correct in levying interest for 3 months (05 Aug to 07 Oct)..... @ 1.5% p.m.

Dear All,

I agree with Mr. CA Kiran Sutrave 

From August 05, 2011 to September 04, 2011   -- 1 month;
From September 05, 2011 to October 04, 2011 -- 1 month; and
From October 05, 2011 to October 07, 2011       -- 1 month.

The Department is correct.

Dept will calculate interest from the date of deuction of tds by the assessee and the date of payment of interst (for the month or part of the month) - 3m Int is correct.

Agree with Sharda