Penalty

This query is : Resolved

kiranrane (Querist)
Follow

20 December 2013 Dear Sir,

For example if you have submitted the 5 days late, then you will be charged penalty of Rs 1000. However, if the total deduction done for that return is Rs. 900, then penalty amount will be Rs.900.

Ganeshbabu K

Ganeshbabu K (Expert)
Follow

20 December 2013 Yes, it is the Fee[Sec.234E] for delay tds return filing and it is correct

ALONG WITH ABOVE
.
.
Section 271H [LATEST AMMENDMENT]– Penalty

Deductor has to pay a penalty ranging from minimum of Rs. 10,000/- to One Lac rupees,

1)If deductor exceeds one year time limit to File TDS Statement.
2)If deductor furnishes incorrect details like PAN, TDS Amount, Payment of Challan etc.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

eddanapudi murali

ACCFIN SOLUTIONS

Amit Singh

K.M. AGGARWAL

Vinod Dharwarkar

Subscribe Now

Penalty

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANT

GST CONSULTANCY

CA Final

Accountant

Article Assistant