https://www.taxtmi.com/forum/issue?id=5018 Where tax deducted at source is not deposited, a monthly interest rate applies for the period between deduction and deposit; where tax is not deducted, a higher monthly interest rate applies from the date tax was deductible until deduction and then until payment. The forum clarifies that an 18% contractual interest rate cited by the user relates to service tax, not TDS, and stresses differing interest treatments for failure to deduct versus failure to deposit. en-us Fri, 07 Dec 2012 10:56:37 +0530 Thu, 23 Jan 2025 15:57:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=5018 Where tax deducted at source is not deposited, a monthly interest rate applies for the period between deduction and deposit; where tax is not deducted, a higher monthly interest rate applies from the date tax was deductible until deduction and then until payment. The forum clarifies that an 18% contractual interest rate cited by the user relates to service tax, not TDS, and stresses differing interest treatments for failure to deduct versus failure to deposit. Discussion-Forum Income Tax Fri, 07 Dec 2012 10:56:37 +0530 https://www.taxtmi.com/forum/issue?id=5018