Tds filling and penalty

RAZORBALDE Films PvtLtd is a production House. IT deduct tds on the payment of creditors and also paid the deducted tds amount to the governament but not filling for the whole year 2011-12 so if  i fill tds retun in may so how much the penalty is to be charged for late filling?

 

Replies (2)

U/s 234 E.., mimimum 200 rs. per day and maximum TDS deductible for that revelant quarter

u/s 217 H.., minimum 10,000 and maximum 1,00,000 if the return is not filed within 1 year from which it has to be filed.

Hi...

As far as I know 234E is came into effect from 1.07.2012, which will be applicable for quarters after that comes into effect. It means it is applicable from Q2 of 2012-13.

It is not applicable for FY 2011-12.

and Penalty u/s 271H is not mandatory, it is required to pay only when you receive any notice from the concern AO.

You can file your returns now without paying any interest if you have paid all the TDS within the due dates.

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
Featured 19 August 2026
Chartered Accountant

apricus india

Pune

CA

View Details
Company
25 August 2026
Senior Accountant

MG Associates

New Delhi

CA Inter

View Details
Company
19 August 2026
PAID ARTCILE ASSISTANT

My Legal Tax Consultants Pvt. Ltd.

Noida

CA Inter

View Details
Company
13 August 2026
Chartered Accountant (FP&A)

Client of Trellis Consulting

Gurgaon

CA

View Details
Company
ARTICLESHIP 14 August 2026
Article Assistant

N J Suresh & Associates

Bengaluru

CA Inter

View Details
Company
12 August 2026
Deputy Manager - Finance

RoamPrime Technologies Private Limited

Bengaluru

CA

View Details
Company
17 August 2026
Chartered Accountant with US GAAP Experience

Austin Med Solutions Pvt Ltd

Bengaluru

CA

View Details