Late filing of etds cause penalty.
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
18 October 2013
Sir
If tds is deducted in time and deposited in time but only etds filing is done late will cause penalty or not.
If yes what will be amount of penalty.
We have recd penalty letter from Income tax and amount of penalty is total challan amt. of TDS for that quarter for 26q.
Should we pay this penalty or can we make appeal for relaxation of penalty if yes to whom?
Please guide us.
If tds is deducted in time and deposited in time but only etds filing is done late will cause penalty or not.
If yes what will be amount of penalty.
We have recd penalty letter from Income tax and amount of penalty is total challan amt. of TDS for that quarter for 26q.
Should we pay this penalty or can we make appeal for relaxation of penalty if yes to whom?
Please guide us.
18 October 2013
Penalty is laviable of Rs. 200 per day after due date and maximum of TDS Amount.
Message likes :
1 times
18 October 2013
Hi
Yes it is correct. Max is TDS challan amount & Rs. 200 per day.
Thanks//VaibhavJ
Yes it is correct. Max is TDS challan amount & Rs. 200 per day.
Thanks//VaibhavJ
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
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- Taxable or Tax exempt
- ITDS U/S.194T of Firm
- NRI starting business in India
- ADVANCE PAYMENT OF ADVOCATE
- TDS ON EMAIL DOMAIN SERVICE BILL
- Capital gain on sale and purchase of plot
- Eway bill not cancelled within 24 hous what can be due
- EXPORT COMMERCIAL INVOICE HSN CODE
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
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
