Relaxation on penalty u/s 234e

CA Subin VR (Practicing CA) (450 Points)

20 November 2013  

One of our client, who is a Principal of a School had received notice for a total demand u/s 234E of Rs.2,55,000/- for late filing of TDS return for the Q2, Q3, and Q4 for FY 2012-13.

Whether any relaxation or waiver is available for this ?

if yes, what are the procedures ?

Whether an Appeal can be filed against this ?

If the amount is not paid by the Princiapl (as it is practically not possible to serve this 7 he had joined in April 2013 only) what will be the consequences ?