29 December 2013
Late Filing or Non filing of TDS Statement invite 2 penal consequence as the finance bill 2012-13 has given 2 New provisions. since many govt department are not aware of non filing or late filling penalty.I have 2 questions : 1) there are how many department have either late filled or not filled TDS last year i.e 2012-2013? and
2)in the beginning how should they cope with this new provisions of penalty?