banner_ad

Tds default notices u/s 234 e

This query is : Resolved 
Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
15 December 2013 FRIENDS

I HAVE FILED E TDS RETURNS LATELY AND RECEIVED LOT OF MESSAGES FROM TDSCPC

IN THAT MENTIONED HUGE PENALTIES U/S 234 E FOR LATE FILLING OF E TDS RETURNS

IT IS COMPULSORY TO PAY OR ANY WAIVER IS THERE TO NOT TO PAY

LET ME SEND THE DETAILS REGARDING THIS TOPIC

THIS WILL USEFUL TO LOT TDS DEFAULTERS

REGARDS

PHANI
Profile Image

CA PARAS BAFNA

Profile Image

CA PARAS BAFNA (Expert)
15 December 2013 The late fee has to be compulsorily paid.
.
In my view, the provisions of Section 234E are too harsh and unreasonable. Waiver is not possible as on to date.
.
Profile Image

Nikhil Kaushik

Profile Image

Nikhil Kaushik (Expert)
15 December 2013 as bafna ji said, 234e is mandatory in nature.

However, in cases of undue financial hardship, you can file application under section 119 for reduction or waiver of interest payable. The power to reduce the interest penalty is given to CCIT vide notification No. F. No. 400/234/95-IT (B) dated 23-5-1996.

You may refer: 2005 142 TAXMAN 241 All

You shall have to prove the financial hardship though.
Profile Image

CS,CA F,Numrologi TusharSampat

Profile Image

CS,CA F,Numrologi TusharSampat (Expert)
15 December 2013 yes agreed its mandatory ,,,there is no escape route in case of sec 234E.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now


CCI Pro
Join CAclubindia WhatsApp Finance Community & stay updated with the latest TAX news, compliance alerts and important updates all in one place!


Similar Resolved Queries


loading


Unanswered Queries


banner

Trending Online Classes

view all classess

CCI Pro
Meet our CAclubindia PRO Members
Subscribe Now

Follow us
add to google news



Answer Query



Quick Links



Browse by Category




Latest Job Openings

View all
Company
12 May 2026
Accounts Executive

Nafa Group

Mumbai

B.Com

View Details
Company
26 May 2026
Audit executive

vdsr & co LLP

Chennai

CA Inter

View Details
Company
09 May 2026
Audit Manager

Kanna and Associates

Coimbatore

CA Inter

View Details
Company
22 May 2026
Audit assistant

Displayandbeyond

Mumbai

CA

View Details
Company
19 May 2026
Article, CA & Paid Assistant Positions

Aggarwal Sarawagi and Co

New Delhi

CA

View Details
Company
Featured 28 May 2026
SEMI QUALIFIED/ CA DROPOUTS/ ARTICLES

T R SOOD & CO

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
11 May 2026
CA Dropout

Patron Accounting LLP

Pune

CA Inter

View Details