Tds Return

This query is : Resolved 

15 February 2010 Is it possible to e-file TDS return for the Financial year 2007-08?
What is the Interest or Penalty for late filing if possible?

15 February 2010 Dear Sanjay

Yes it possible to file e TDS return for 07/08. The interest depend upon the amount of TDS and it will be payable when you submit return to near facility centre. Penalty is discretionary may or may not leviable depend on income tax officer

16 February 2010 penalty is leviable Rs 100/- per day but max TDS amount.

16 February 2010 Agree.Rs.100 per day maximum of TDS Amount


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