Tds return


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Querist : Anonymous

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Querist : Anonymous (Querist)
19 April 2012 I work in NGO, here we have not made TDS return from last two quarter( Dec.march) firstly what should i do, generaly we deduct u/S 194 C, kindly state us the penalty

19 April 2012 As the earliest possible, please file the returns.
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Right now interest only has to be paid for late deducting and depositing of tax .
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For knowing more about daily penalty please refer Section 272A and recent amendments in the Finance Bill prescribed.


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