Penalty for late filling of tds return

1225 views 6 replies

Friends,

i have to file TDS return for the period of Oct-Dec.

i am confused about penalty provision for late filling of TDS return 

Whether it is required to paid ?

 

 

Replies (6)

not at the time of filing...."rest assured"

penaly amount as per income tax act is rs 200 per day  till the time default continue

 

As per sec 234E If TDS return is not filled wihtin due date Minimum penalty will be 200Rs per day till the date of filling of such return and Maximum penalty will be not exciding TDS amount. It is to be deposited before filling the Return.

I agree with Ms. Ankita

Refer https://blog.tdsman.com/2013/01/tdstcs-compliances-for-3rd-quarter-of-f-y-2012-13/..all your doubts will be clear..

Thanks

Simran

Read the article. But it is not clear if the penalty has to be paid voluntarily before furnishing of 24Q/26Q/27Q to TIN FCs. In case so, how do you pay it online ? Through which challan .

Regards,

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