Penalty

This query is : Resolved 

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.

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


CCI Pro

Similar Resolved Queries


loading


Unanswered Queries



CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query



Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
26 May 2026
CA / MBA (Finance) / CMA / M.Com (Finance)

Sri Aurobindo Gnostic Centre of Education

New Delhi

CA

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
16 June 2026
Sr. Associate / Assistant Manager | TAS / FDD

Boutique Investment Bank & Transaction Advisory Firm

Gurgaon

CA

View Details
Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
20 June 2026
Chartered Accountant

ANV & Company

New Delhi

CA

View Details
Company
Featured 27 May 2026
Lead Conversion Executive / Sales Closing Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
22 June 2026
Accountant

Global Image Technologies Private Limited

New Delhi

MBA

View Details