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. . Right now interest only has to be paid for late deducting and depositing of tax . . For knowing more about daily penalty please refer Section 272A and recent amendments in the Finance Bill prescribed.