due to dispute in parternes our partnership firm had failed to deposited Q-4 2014-15 and Q-1 2015-16) timely thus TDS returned was not filed ,we have deposited the TDS with interest in Jan 2016 and filed both returns in on Jan 15 2016,
Deptt has raised a demand of 49000.00 and 16861 respectivly
my question is this possible to waived off this demend or partially waived off by any mean?
i got below mention answer on TDS CPC
Late Filing Fee under section 234 E is a statutory levy and cannot be waived off. Hence you are requested to pay the demand.
CAclubindia
