Form 27C and 27EQ

Yogesh (Advocate) (61 Points)

12 April 2023  

We were filing details of 27C in quarterly TCS returns showing zero collection of tax and also mentioning reasons for the same, not on a monthly basis in form 27C. My question is:

1. Is this the right procedure or need to file form 27C monthly?

2.  Is there any penalty for the late filing of Form 27C?

3. Can we now  file Form 27C for the previous year/

Thanks