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Penalties of late filling of TDS return

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(Querist)
18 September 2008 What are the penalties of late filling of TDS return for the FY 2007-2008 final quarter and how can we minimize them?
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Jitender

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Jitender (Expert)
18 September 2008 he will be deemed to be assessee in default & cosequently penalty & inn u/s 220 & 221 shall be levied.
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CHEZHIYAN

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CHEZHIYAN (Expert)
23 September 2008 Thanks
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