Late fees for failure of return filing

This query is : Resolved

Yajuvendra Rawat (Querist)
Follow

14 May 2012 Sirs and Friends,

What is the penalty for late filing of TDS return for 4th quarter. How should i deposit the penalty. Is it raised by the IT Department or we have to deposit the penalty once we fail to file the return.

Thanks in advance

CA PARAS BAFNA

CA PARAS BAFNA (Expert)
Follow

14 May 2012 Please file the TDS return as the earliest possible. Penalty will be levied or not , is secondary matter and the matter may be left upon the department. Penalty is not required to be deposited before receiving a demand for the same.
.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok