18 September 2016
There is a situation where Assessee had filed Form26Q in time for f.y.15-16 but no form24Q is filed. Now Assessee wants to deduct TDS for Salary paid to employee and file Form 24Q now. Whether late fee u/s.234E i.e. Rs.200 per day would be attracted?
Expert :
Anonymous
Expert :
Anonymous
(Expert)
18 September 2016
Yes, it would be applicable from the date when it was due to file till the date of filing. In case revision, it would not be applicable.
For further clarification, you may write us to info@wealth4india.com or Logon to www.wealth4india.com