income tax

Yes it is compulsary

hi

its compulsory to make payment of tds in time online. however there is no clarification given by CBDT of panelty so its better not to comment on it...

thank u akshat

u/s 272A(2)(K) OF D IT ACT 1961 penalty of rs.100 for each day of default for d late filing of tds.

u/s139A (5B) OF D IT ACT U R require to quote d pan of all d deducties in d tds returns.in case of non compliances penalty of rs.10000 can b levied u/s272B.