Late fees u/s 234e

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

15 November 2013 One of my friend has forgot to file the TDS for Q1 and Q2. Hence it will attract the provisions of Section 234E resuling in a fee of Rs. 24,000
By any chance can we rectify the mistake with lesser fee/penality?

thanku

Nikhil Kaushik

Nikhil Kaushik (Expert)
Follow

15 November 2013 the fees under 234E is mandatory and cannot be reduced or waived off. However, it shall be restricted to the amount of TDS deductible for the corresponding period.

There is no way out.

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