last date of tds deposit & filling tds return

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shalu (Querist)
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06 December 2013 WHAT IS THE LAST DATE OF DEPOSITING TDS DEDUCTED & FILLING TDS RETURN. WHAT IS FINE OR PENALTY AMOUNT ON LATE DEPOSITION OF INTEREST AND ON RETURN FILLING.

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
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06 December 2013 In case of monthly deduction for the month of November challan should bear the date of deposit as 07th Dec or prior. If it is 8th Dec. 2 months interest will become payable.
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Quartely TDS returns are to be filed.
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For the running Q3, return must be filed on or before 15.01.2014.
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Late payment interest is 1.5% per month or part of the month.
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Late e-filing TDS return costs Rs 200/ per day .
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You may refer Section 201 (1A) and Section 234EE.
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shalu

shalu (Querist)
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06 December 2013 THANK U VERY MUCH SIR

TRINATH

TRINATH (Expert)
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22 December 2013 1). Due date for tds return filling as per bellow:
1. q1 15th july
2. q2 15th oct
3. q3 15th jan
4. q4 15th may

late filling of return extracts penalty of RS.200/- per day

2)you must remit tds challan within seven days from date of payment or date of credit to party. otherwise interest provision will be attract i.e 1.5% per month on tds amount.

tnks.

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