REGARDING RECOVERY LETTER OF TDS DEMAND

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This discussion addresses concerns about potential future actions by the department for not depositing late filing interest and penalties on previously filed TDS returns. It clarifies that follow-up actions for payment will occur. For TDS/TCS returns filed before 1 June 2015 with a demand for late fees under Section 234E, it's advised to file an appeal with the CIT(A) for a favourable outcome, citing existing ITAT and Karnataka High Court rulings.

Suresh S. Tejwani

Suresh S. Tejwani (Querist)
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09 May 2023 WHETHER ANY ADVERSE ACTIONS OR ORDER CAN BE ISSUED BY DEPARTMENT IN FUTURE FOR NOT DEPOSITING LATE FILLING INTEREST AND PANELTY OF PRIVIOUSLY FILLED RETURNS.

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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10 May 2023 Follow up action will be there for payment.

PARAS CHHAJED

PARAS CHHAJED

(Expert)
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10 May 2023 If there is any demand towards late fee u/s 234E for the TDS / TCS returns filed prior to 01.06.2015 then please file an appeal before the CIT(A) and you will get a favourable order Delting the late fee as various benches of ITAT and Karnataka High Court have already held so.

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