TDS Return Late deposit

This query is : Resolved 

15 July 2011 Sir if TDS Return (Qly) Late deposit after 15th July for Ist Qtr. what is Penalty for the late deposition of TDs return

15 July 2011 Penalty is Rs 100 per day.
To levy the penalty is at the discretion of Authorities. We should not penalise ourselves. We can put a reasonable ground for not filing or non filing of return.


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