Tds return

This query is : Resolved

CA Bhavik Prajapati (Querist)
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30 November 2013 How TDS return can be revised of past years? Penalty or interest provision on revised return or belated return? Types of tds return like 24Q 26Q....difference between them?

Nikhil Kaushik

Nikhil Kaushik (Expert)
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01 December 2013 1. yes it can be revised. no time limit

2. no penalty on revised return. normal filing fees will be applicable though.

3. belated return is covered under 234E. Rs 200 per day compulsory penalty

4. 24Q is filed for TDs deducted from salary payments to employees. 26Q is for other payments such as commission, professional fees, rent, interest etc.

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