TDS provision

This query is : Resolved 

27 November 2009 Rs. 1500 was deducted from Commission as TDS of F.Y. 2008-09 , which was deposited in the bank during that year and whose return was not files during the financial year 2008-09. What will be the procedure of the same in the current year to resolve it??? What will be the amount of penalty in the given case?

27 November 2009 u should file the return as soon as possible. penalty will be Rs. 100/- per day from the due date of filing the return

27 November 2009 Hi Nikhil, u have not given details about total taxable income etc.


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