TDS Return late fees deposition procedure
This query is : Resolved
22 July 2011
TDS return Late fees, procedure for deposit
22 July 2011
No late fees need to be deposited for late filing of TDS return. Wait for the instructions of department. The penalty for late filing is Rs 100 per day. But the department is so far very lenient in this regard. So just file your return and wait for the instructions.
22 July 2011
No late fee is required to be paid at our own.
Department can levy penalty of100/ per day for the period of default.
A O (TDS) has got discretionary powers in this regard.
Generally looking towards the cost involved in serving the notices and practical problems faced by the assessees in filing TDS Returns AO may not levy the penalty.
Department can levy penalty of100/ per day for the period of default.
A O (TDS) has got discretionary powers in this regard.
Generally looking towards the cost involved in serving the notices and practical problems faced by the assessees in filing TDS Returns AO may not levy the penalty.
Message likes :
1 times
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CG after sale of flat
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
