Dear Sir,
I want to know about TDS Return Filling is compulsory after late payment fees on late return filling or interest amount paid to income tax.
How to clear all default of TDS return on TIN NSDL.
vishal (accountant) (65 Points)
03 May 2012Dear Sir,
I want to know about TDS Return Filling is compulsory after late payment fees on late return filling or interest amount paid to income tax.
How to clear all default of TDS return on TIN NSDL.
DIBYENDU
(SERVICE)
(266 Points)
Replied 03 May 2012
Rs. 100.00 per day will be imposed from due date of return to the date of return acrually filled upto A.Y. 2012-2013 , incresed Rs. 200.00 paer day from A.Y. 2013-2014 moreever u may penalised U/s 271H
Prateek Agarwal
(Sr. Executive - Finance & Accounts)
(1732 Points)
Replied 03 May 2012
You can file Corretion statement to cler all your defaults.
Venkat
(Dy. Manager Finance)
(272 Points)
Replied 22 October 2012
Fees of Rs.200 per day for late furnishing of TDS statement from the due date of furnishing of TDS statement to the date of furnishing of TDS statement
Fees shall be paid before delivering a statement
Total amount of fee shall not exceed total amount of tax deductible
| Sl. No |
TDS Statement |
Due date |
Date up to which no penalty u/s 271H can |
|
1 |
30th June |
15th July 2012 |
15th July 2013 |
|
2 |
30th September |
15th October 2012 |
15th October 2013 |
|
3 |
31st December |
15th January 2013 |
15th January 2014 |
|
4 |
31st March |
15th May 2013. |
15th May 2014 |
KARANDEEP,CA,B.Com,CS FNL
(JOB)
(457 Points)
Replied 22 October 2012
| Originally posted by : Venkat | ||
 |
Late Filing or Non filing of TDS Statement Made Costly No filing or Late filing of TDS returns or TDS statement shall invite 2 penal consequence as the finance Act 2012-13 has given 2 New provisions – Fee for late filing U/s 234E and Penalty for late filing or Non filing of TDS statement U/s 271H. Fee U/s 234E for late filing of TDS - Statement - Wef 1.07.2012 Fees of Rs.200 per day for late furnishing of TDS statement from the due date of furnishing of TDS statement to the date of furnishing of TDS statement Fees shall be paid before delivering a statement Total amount of fee shall not exceed total amount of tax deductible Similarly a new penalty provision has been inserted as section 271H which provides that a deductor shall pay penalty of minimum Rs 10,000 to Rs 1 lakh for not filing the TDS statement within one year from the specified date within which he was supposed to file the statement. This amendment is also effective from 1st July 2012. Thus, if the present due time for filing TDS statement is taken, the time up to which the penalty u/s 271H cannot be imposed are explained for any tax deduction for FY 2012-13 Sl. No TDS Statement Due date Date up to which no penalty u/s 271H can be imposed 1 30th June 15th July 2012 15th July 2013 2 30th September 15th October 2012 15th October 2013 3 31st December 15th January 2013 15th January 2014 4 31st March 15th May 2013. 15th May 2014 |
 |
Agreed With Venkat ji
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