Form 26qb - late filing fee - property > 50 lacs
This query is : Resolved
01 April 2016
The due date of filing 26QB was 08 Sep 2014 however i deposited the tds on 15-jun 2015 so department is levying late filing fee which is equal to TDS amount. I tried to file a corrective statement on TRACES by changing the date of payment to 13-Jun 15 however it shows a massage that "the revised date is in different financial year hence please select a date in same financial year".
Can you suggest how can i proceed in order to avoid levying this late filing fee? I understand its wrong however it happened due to oversight.
Many thanks.
Can you suggest how can i proceed in order to avoid levying this late filing fee? I understand its wrong however it happened due to oversight.
Many thanks.
Amol S Joglekar
(Expert)
01 April 2016
You should pay the interest , in that case.
04 April 2016
Thanks. I am ready to pay interest but delay in filing causes me huge penalty which i don't want to pay. any way forward?
Amol S Joglekar
(Expert)
05 April 2016
make an application requesting to drop the penalty.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reward for festival
- 18% Rent a cab
- Clarification on GST, TDS, and Accounting Provisions for Import/Export Commission Agents,profes. ser
- Clarification on GST, TDS, and Accounting Provisions for Import/Export
- Movement of goods by packers and movers - type of sale - Reg.
- Appointment of Auditor By Form ADT-1
- ARCA LOGIN
- RCM and same line
- Closer of business and itc of capital goods
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
