10 May 2014
My company do not file the return and tds return for last two year, how much interest rate of last two year ? what is the penalty charge ? please calculate any example.
10 May 2014
Income tax return: Interest @ 1%p.m from 30th September till date of filing return + penalty of Rs. 5000 + Advance Tax interest, if applicable. TDS: 200/- per day subject to maximum TDS.
CAclubindia
