banner_ad

Penalty for late filling of tds return

TDS 448 views 1 replies
Hello Professionals, There is a penalty of rs. 200 per day for late filling of TDS Returns, max upto the amount of TDS in the concerned return. My query is, is the amount of penalty a discretionary in nature i.e. can the opportunity of being heared be offered to assessee and the amount of penalty can be reduced or not. please share your thought. thanking you.
Replies (1)

Hello, friend ..

 

As per section 234E you have to deposit late fee(Rs 200/day)  in advance before filing return. but at so many TDS centers they accept return without depositing penality, and latter department issue notice.

There is no opportunity to be heared.

 

Thanks 


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details