f9e7b688_ckoner_of_Punjab_VAT_Act__2005__Rate_of_simple_Interest
[Nature of Delay] Failure to deposit TDS by due date of payment [Section] 27(7) [Rate of simple Interest] 
1.5% of amount deductible per month from the due date till the actual date of payment
BEDI ADVOCATES: Ready Reckoner of Punjab VAT Act, 2005
Rate of simple Interest