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)

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)

10 May 2023 Follow up action will be there for payment.

PARAS CHHAJED

PARAS CHHAJED

(Expert)

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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