Kindly let me know whether in practically the govt. sector organisation(eg. distt.commissionerate etc) may also be attracted the penalty u/s 272 A for delay filing of the tds return or they normally are ignored because of govt.sector.
CA Arvind mittal
9958061149
THER IS NO DISCREATION FOR GOVT. ORGANISATIONS FOR FILING TDS RETURNS. ACCORDING TO 272A, FAILURE TO FILE RETURNS IN TIME ATTRACTS A PENALITY OF RS 100 FOR EVERY DAY DURING WHICHTHE FAILURE CONTINUES.
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