TDS LATE FEES


This query is : Resolved 

Quick Summary
This discussion clarifies the applicability of late fees for TDS statements filed for periods prior to 1st April 2012. It is confirmed that late fees are not applicable in such cases, as the relevant sections and their effective dates for levying these fees fall after this period. Therefore, if you are filing old TDS statements relating to periods before 1st June 2015, you do not need to worry about late fees.

11 May 2020 I AM CONFUSING WHETHER LATE FEES APPLICABLE FOR TDS STATEMENTS RELATING PRIOR TO 01.04.2012.
BECAUSE SEC 234 INSERT AND W E F ON 01.07.2012 AND IT WILL LEVY FROM 01.06.2015.

I WANT TO FILE SOME OLD TDS STATEMENT NOW..


12 May 2020 Late fees not applicable in your case as it relates to prior to 01/06/2015.

12 May 2020 Yes late fees prior to 01.06.2015 is not applicable.


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