01 June 2011
Dear sir, One of my assessee failed to file TDS return of f.y. 08-09, 09-10, 10-11 but tax has been deducted and deposited on time relevent to that f.y. Notice received to him for not filing of tds quarterly return. Suggest me what to do? Thanks.
01 June 2011
Non filing of TDS returns attract penalty U/s 272A(2), which is Rs 100 per day till the default continues or maximum upto the amount of Tax amount involved in the TDS.
You have to satisfy the AO(TDS) for the same by creating certain acceptable grounds.