What is rate of interest on late payment of TDS.?

Actually I had deduct TDS on Payment of Rent of Office. But did not deposit untill now. TDS deducted of March 2007. Will any Interest due if payment make on 25 April 2007. please give a good answer.

if you had deducted it in march,last date was 7th april.but if you had make adjustment for rent on 31st march(i.e.final entries) the last date is 31st may.so decide whether it is late or not.if late the late payment interest @ is 18%

As per Section 201(1A) of the Income Tax Act, interest for delay in making payment of TDS is 12% per annuam on the amount of such tax from the date on which such tax was deductible to the date on which the tax is actually paid.

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