Downloaded the following Justification Report from TRACES.
Is the interest calculation correct ?
Should not the Interest be for 1 month only.
| Sr. No. | Data From Statement | Processed Data | ||||||||||||
|
CD Serial No. [401] |
DD Serial No. [412] |
Deductee Reference Number [413] |
PAN of Deductee [415] |
Amount Paid / Credited (Rs.) [419] |
TDS Deducted (Rs.) [420] |
TDS Deposited (Rs.) [421] |
TDS Credit Allowed to the Extent of Available Balance (Rs.) |
Interest Calculation | ||||||
|
Name of Deductee [416] |
Date of Deduction (dd-mmm-yyyy) [422] |
Due Date for TDS Deposit (dd-mmm-yyyy) |
Date of Deposit as Per OLTAS (dd-mmm-yyyy) |
Period of Delay in Months (Col 16 - Col 14) |
Interest on Late Payment U/S 201 (1A) (Rs.) (Col 13 * 17 * 1.5%) |
|||||||||
| 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 |
| 1 | 1 | 1 | null | AxxxxxxxxN | Axxx xxxxxx LIMITED | 161473.00 | 16147.00 | 16147.00 | 16147.00 | 30-Apr-2012 | 7-May-2012 | 9-May-2012 | 2 | 483.00 |
| Total | 483.00 | |||||||||||||
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