TDs
This query is : Resolved
17 September 2010
what is the penal procedures if tds not remitted to income tax Departmenty promptly
17 September 2010
w.e.f 1/7/10: interest for late deduction of TDS is 1 % p.m & 1.5 % per month for late deposit after deduction.
besides penalty is applicable under section 271 C, upto the amount of TDS. For details see the link :
https://www.incometaxindia.gov.in/Pamphlets_Split/PENALITIES%20&%20PROSECUTIONS.asp
besides penalty is applicable under section 271 C, upto the amount of TDS. For details see the link :
https://www.incometaxindia.gov.in/Pamphlets_Split/PENALITIES%20&%20PROSECUTIONS.asp
22 September 2010
In addtion to this the related expenses will be disallowed
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- TDS on property - Form 141 query
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- Can a single LLP in India legally operate multiple unrelated businesses (Travel, Cloud Kitchen, Ecom
- ITR-3 File/Error Found
- Difference in GSTR3B system generated which is correct and actual Payment it asks
- GST ON TRAVELLING BILLS
- VALUATION OF PRIVATE LIMITED COMPANY SHARES
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
- Taxation in the hands of Landowner under JDA
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
