late filing fee of TDS
Shivani Dekate (2 Points)
29 March 2018
Is late filing fee of TDS return an allowable deduction?
Shivani Dekate (2 Points)
29 March 2018
Vinaya Kumara K H
(Accounts Executive)
(259 Points)
Replied 29 March 2018
1. Interest/Charges for Delay in remitting Direct Tax items will be DISALLOWED.
2. Interest/Charges for Delay in remitting INDIRECT Tax items will be ALLOWED.
3. Irrespective of Direct/Indirect Tax items, Penalties are DISALLOWED.
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