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Maximum Penalty in case of Non fillinf of TDS return

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(Querist)
09 July 2011 Hi everyone....can u please tel me the maximum penalty that can be levied if a person failed to file TDS return for a quarter.
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Bhaskaran Chackrapani Warrier

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Bhaskaran Chackrapani Warrier (Expert)
09 July 2011 Rs.100/- for every day during which the failure continues. Refer section 272A(2)(c) of the Income tax Act,1961.
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CA Manish Agrawal

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CA Manish Agrawal (Expert)
11 July 2011 agree with the Expert




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