Tds return

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2013 Dear Sir,
Suppose tds return is filed after 2 months of due date. In the above case 200/- per day penalty is mandatory
or
if the deductor has reasonable cause for late filing then it can be avoided by the department.

01 July 2013 Yes. penalty will apply for late filing of TDS return, on demand you can pay the same

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Querist : Anonymous

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Querist : Anonymous (Querist)
01 July 2013 Whether it is mandatory
or
it assessee shows a reasonable cause for delay then whether it can be abated by department?

02 July 2013 Sec.234E apply Rs.200 per day subject to maximum of the tax amount involved in the return.

On demand by department it can be paid. Department cannot abate this


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