TDS Late Deposit Interest Calculator

Calculate the late deposit interest on TDS with this simple calculator.

Enter the TDS amount, date on which TDS is required to be deducted, date on which TDS is deducted, and the actual date on which TDS is deposited. Select if the TDS is on the purchase of immovable property. Click on the calculate button to get the due date of TDS deposit and the total interest payable. You can also view the interest breakdown in this calculator.

This calculator covers the followings:-

Due Date of TDS Payment

TDS is to be paid by 7th of the following month. For month of March the last date of deposit is 30th April. The due date for payment in case of TDS on sale of immovable property under section 194IA is 30 days from the end of the month including the month of March. Know more about TDS payment due dates and Interest on late payment check this article.

Interest on Late payment

When TDS is not deducted – 1% per month or part thereof, for the period from the date on which TDS is deductible/collectible to the date on which TDS/TCS is actually deducted/collected.
When TDS is deducted but not paid – Interest at the rate of 1.5% per month or part thereof, for the period from the date on which TDS is actually deducted/collected to the date on which such TDS/TCS is actually paid.