06 October 2013
I HAVE FILED MY TDS RETURN FOR 31/3/2013 on 28/6/2013. I HAVE RECEIVED 15g (8 nos)during qE 31-3-13.MY TDS RETURN IS NIL. AM I LIABLE TO PAY PANALTY & HOW MUCH IF YES. I HAVE DEPOSITED 15G & 15H TO IT OFFICE ON 5/4/2013. MY CA IS TELLING I AM LIABLE TO PAY PENALTY SINCE I HAVE MADE ENTRY OF FORM 15G & 15H received on 31/3/2013 for non deduction of tds.WHAT SHOULD I DO? How much penalty should i have to pay in case of penalty?