Tds

This query is : Resolved

shyam (Querist)
Follow

10 June 2015 There is unsecured of Rs. 7500000 on which interest at the rate 12 is booked in the month of march 2015. but no tds have deposited till 10.06.2015 also as consequence no tds return filled on 15.05.2015. My question is if I pay tds with interest and fill the return. Can we require to pay penalty. if yes then how much

Rupesh Jain

Rupesh Jain (Expert)
Follow

10 June 2015 you have to pay intt on delay deposit of tds @ 1.5 per month for march to june

and if you not deposit the tds return then you have to pay rs. 200/- per day penalty for tds return .

it may prosecution in future.

You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Summarize this with AI

ChatGPT Perplexity Claude Google AI Grok

Similar Resolved Queries

Unanswered Queries

Popular
Recent

Trending Online Classes

Direct Tax Laws & International Taxation May 26,Sept 26 & Jan 27

CA Arvind Tuli

Enroll Now
Audit Fast Track Recorded Batch For May 26,Sept 26 & Jan 27

CA Aarti Lahoti

Enroll Now
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English

CA Bhanwar Borana & CA Shubham Keswani

Enroll Now

view all classess

Meet our CAclubindia PRO Members

Jeegar Valera

Tia Blair

Sabareesan S Venkatesh

kambamcr@gmail.com

Nithish Kothari

Subscribe Now

Tds

Similar Resolved Queries

Trending Online Classes

Meet our CAclubindia PRO Members

Quick Links

Browse by Category

Latest Job Openings

GST CONSULTANCY

Manager- Finance and Compliance

CA Final

Accountant

GST CONSULTANT

Article Assistant