Here’s how you can build one:

1. Gather Input: Ask the user to input the following details:

   • TDS due amount
   • Number of days the payment is delayed
   • Interest rate applicable (as per the Income Tax Act)

2. Calculate Interest: Use the formula provided by the Income Tax Act to calculate the interest on late payment of TDS. As of my last update, the formula is as follows: Interest=TDS due amount×Interest rate×Number of days delay365Interest=TDS due amount×Interest rate×365Number of days delay

3. Display Result: Show the calculated interest amount to the user.

4. Provide Option for Recalculation: Allow the user to input new values and recalculate the interest amount if desired.