Regarding necessity filing of etds
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
08 June 2013
but sir , I herd that if i pay the tax through online net banking then not necessary to file etds for that quarter. please clarify my doubt sir.
09 June 2013
No you just deposited the deducted from partied to the credit of central government
And now you need to file TDS return for the TDS deducted and mandatorily to provide tds certificates to parties to whom you have deducted in due dates specified in rule 31A of income tax rules.
So please contact some tax consultant/CA and do comply this mandatorily statutory requirement
Due date to file tds returns
https://www.saraltds.com/resources/tds-duedates.php
And now you need to file TDS return for the TDS deducted and mandatorily to provide tds certificates to parties to whom you have deducted in due dates specified in rule 31A of income tax rules.
So please contact some tax consultant/CA and do comply this mandatorily statutory requirement
Due date to file tds returns
https://www.saraltds.com/resources/tds-duedates.php
09 June 2013
Late filing consequences:-
Fees for delay in furnishing the statements:
(refer section 234E of Income Tax Act)
Effective from 1st July 2012, any delay in furnishing the eTDS statement will result in a mandatory fees of Rs. 200 per day, the total fees should not exceed the total amount of TDS made for the quarter. The late filing fee should be paid before filing such delayed eTDS statement.
Penalty for failure to furnish statements and furnishing incorrect statements:
(refer section 271H of Income Tax Act)
Failure to file eTDS statement delaying more than an year or furnishing incorrect details in the statement filed like PAN, Challan and TDS Amount etc, will result in a penalty ranging from Rs. 10,000 to one lac.
Fees for delay in furnishing the statements:
(refer section 234E of Income Tax Act)
Effective from 1st July 2012, any delay in furnishing the eTDS statement will result in a mandatory fees of Rs. 200 per day, the total fees should not exceed the total amount of TDS made for the quarter. The late filing fee should be paid before filing such delayed eTDS statement.
Penalty for failure to furnish statements and furnishing incorrect statements:
(refer section 271H of Income Tax Act)
Failure to file eTDS statement delaying more than an year or furnishing incorrect details in the statement filed like PAN, Challan and TDS Amount etc, will result in a penalty ranging from Rs. 10,000 to one lac.
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