Inaccurate tds return penality upto rs 1 lac

This query is : Open

Ram Ji Srivastava (Querist)
Follow

04 May 2012 Details regarding "From 1st July inaccurate TDS returns may attract Penalty up to Rs. One Lakh" if anyone have details regarding the same i.e. which type irror and type of penality etc., pls provide.

ABHISEK TOSNIWAL

ABHISEK TOSNIWAL (Expert)
Follow

04 May 2012 Please see the above article for details:

https://www.caclubindia.com/articles/amendments-in-penal-provisions-of-tds-13612.asp

Message likes : 1 times

Ram Ji Srivastava

Ram Ji Srivastava (Querist)
Follow

04 May 2012 Thanx for your valuable advice but there is only given details regarding delayed filing of TDS return if we are filed return in time so what type of error, penality and how much favour for deductor to remove the same.

Upgrade to CAclubindia Pro. Subscribe Now!