Provisio to section 201(1)

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Querist : Anonymous (Querist)
28 June 2013 If a deductor claims exemption in Form 26A will he liable to pay interest for late payment ? He will be exempted from penalty of Rs. 200 per day?

28 June 2013 Form No 26A is already withdrawn.
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It was annual return of TDS.
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Now the system of quarterly return has been prescribed.
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In case of late filing of TDS return Late Fee of Rs 200 per day has been prescribed and it is compulsorily to be paid.
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