Income tax

one of the tax consultant has told me that if there is tds in assessment year 2012-2013 then it can be filed with some penalty 

 

he says he does not know the section

 

is it possible

Replies (3)

If TDS return already filed than it can be revised for  earlier years without any penalty charges and tds amount can be deposited along with interest on the same.....

If TDS return is not filed than penalty is 200 per day till date of submission of return

I AGREE WITH SAURAV

i think penalty is also applicable for correction..

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