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Late filing fees is to be paid for tds return??

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Querist : Anonymous

Querist : Anonymous (Querist)

14 November 2014 I have not filed tds return of FY 201415 Q1 as there was no transaction in that qtr. But now i have passed one entry & deducted TDS Rs.2000/- in Qtr 1.& The same is now paid with Interest. As i have paid tds late So while filing tds return is late filing fees for return @200 per day is applicable??? & if yes then Fees amount comes More than my TDS liability . So How Fees is to be calculated & paid ???

Nikhil Kaushik

Nikhil Kaushik (Expert)

14 November 2014 yes fees is applicable. but shall be limited to Rs 2000 only. you need to pay it through a normal TDS challan before filing the return...

Nikhil Kaushik

Nikhil Kaushik (Expert)

14 November 2014 yes fees is applicable. but shall be limited to Rs 2000 only. you need to pay it through a normal TDS challan before filing the return...

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