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Penalty

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28 June 2014 what is the position about penalty on late filind of TDS returns.
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CMA. CS. Sanjay Gupta

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CMA. CS. Sanjay Gupta (Expert)
28 June 2014 Penalty is applicable u/s 234E and notices are also being issued by TDSCPC. It is a statutory penalty. In my view it is better yo pay this rarher than taking shelter under pending court cases.
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Rupesh Jain

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Rupesh Jain (Expert)
28 June 2014 penality on late filing of return u/s 234E @ 200 per day for late period.




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