https://www.taxtmi.com/forum/issue?id=107106 Delay in depositing TDS on interest gives rise to interest liability on the unpaid TDS. The chargeable interest is at a monthly rate, computed for each month or part of a month of delay, specified as 1.5% per month or fraction thereof, and applies to the TDS amount not deposited within the prescribed time. en-us Thu, 31 Jul 2014 13:26:42 +0530 Thu, 23 Jan 2025 15:57:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=107106 Delay in depositing TDS on interest gives rise to interest liability on the unpaid TDS. The chargeable interest is at a monthly rate, computed for each month or part of a month of delay, specified as 1.5% per month or fraction thereof, and applies to the TDS amount not deposited within the prescribed time. Discussion-Forum Income Tax Thu, 31 Jul 2014 13:26:42 +0530 https://www.taxtmi.com/forum/issue?id=107106