Tds late filing

respected, i am new to forum.recently our department got notice from income tax department for late filing of tds q2,tds q3, tds q4 return for fy 2012-13.we were nt aware of rules,but we have submited the tax through book entry on time.kindly help to avoid late fee charges?
Replies (2)

Late deduction, late deposit and also late filing of TDS return will attract penal interest.

Section 234E of IT Act shall apply when one fails to file TDS return on time. The penalty is Rs. 200/- per day for delay but won't exceed the tax amount. The chances of waiving off the penalty is very slim.

it is first time,that we are late.but tax is deductd and deposited in time.what to do nw?

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