Will TDS return be due post deduction of TDS ?
This query is : Resolved
03 March 2023
Hello Members,
In case wherein the TDS was not deducted earlier and now upon realization it is deducted now for last 6 months, Could you please help on the below :
1. The Interest on such late deductions will be payable @1% per month?
2. Since it was missed for deduction and TAN was applied now. TDS return will be due now when the deduction has been done? there won't be any penalty for delay in filing of the TDS return, as earlier TDS was not deducted is the understanding right?
Regards
Gaurav
In case wherein the TDS was not deducted earlier and now upon realization it is deducted now for last 6 months, Could you please help on the below :
1. The Interest on such late deductions will be payable @1% per month?
2. Since it was missed for deduction and TAN was applied now. TDS return will be due now when the deduction has been done? there won't be any penalty for delay in filing of the TDS return, as earlier TDS was not deducted is the understanding right?
Regards
Gaurav
03 March 2023
1 yes.
2 yes.
....
2 yes.
....
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