Penalty on late filing of TDS Return

TDS 16974 views 10 replies

What's the interest and penalty for late filing of TDS return. Is it per CD i.e. Rs. 100 for 24Q and Rs. 100 for 26Q per day.

Pls clarify.

Replies (10)

YEs it is 100 per day

But is it Rs. 200 i.e. Rs. 100 for 24Q and Rs. 100 for 26 Q or Rs. 100 only?

 

 

  • When the TDS return is filed after the due date, you attract penalty under section 272A(2)(1).
  • The penalty shall be Rs.100, for each day of delay, subject to the maxium of tax deducted.
  • But before passing any order imposing penalty, the department is bound to provide us an opportunity to explain our position.

It is Rs. 200/- because 24Q and 26Q both are to be filed seperately thats why 100 rs. each for each type of TDS REturn is payable as panelty. per day 

Yes Dear Experts are right

thanx for this conversation.

 

thanks for updation

HI All,

Can anyone pls let me know how to pay penalty for late filing of ETDS return.

Thanks

Dhana

Dear,

 

tell me if an employeer's can not file TDS return for 2 years then he can file TDS Return Now

 

how can do That ?

how much Panelty & Interest To be Charged ?

Please tell me in details

 

Dear Ramashankar,

yes they can file tds return for previous 2 years now

for filing return  you have to contact tin-nsdl center at your area

first file your tds return with exact data, if there is any complication in it then dept. will inform you

 

dear sir,

a tds return for q2,q3 and q4 for financial year 2011-12 not filed. tax liability in all the three qtrs is rs.364/-, rs.2044/- and Rs.4625/-.

is according to provisions given penalty u/s 272 A(2) restricted to tax payble i.e. Rs.364/-,2044/- and Rs.4625/- only.

 


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