Article Student
30 Points
Posted on 16 December 2013
As per provision Sec 200(3) ie filing after due date. it explianed that non compliace of this sec will attract penalty
1)u/s 271A(2) of Rs 100/- day for tax deductible upto 30/06/2012. and
2) fees of Rs 200/- day of default u/s 234E for tax deductible on or after 01/07/2012 the first point i.e 271A(2) is not applicable because it replaced by 234E. and
3)penalty under sec 271H minimum Rs10000/- to max Rs 100000in respect of tax deductible on or after 01/07/2012.
so as per your query u said whether u can waive penalty u/s 234E.
since sec 234E is not penalty it a fees which is to be paid to central govt. so it connot be waived off.
you can waive off penalty under 271H. by