TDs not deducted on March 2023

dear expert,
i received a two bills from vendor which is under service charges for rental fan hiring for our office
first bill 24000 March 2023
second bill 34000 March 2023
Iam not deducted tds
now my query is what is the solution to deduct tds now
Replies (3)
Quick Summary
If you've missed deducting TDS on vendor bills for March 2023, don't worry. You can still deduct and pay the TDS after the due date. Be aware that a penalty of £200 per day under Section 234E will apply, capped at the TDS amount. The deadline to deduct and pay TDS for March without penalty was April 30, 2023, with returns due by May 31, 2023.

You can pay TDS after the due date, however penalty of Rs 200 per day as per Section 234E needs to be paid. The deductor is liable to pay the penalty for every day during which the failure continues. However, the amount of late fees cannot exceed the TDS.

Please deduct the applicable TDS. The deadline for paying TDS without incurring a late fee for the month of March 2023 is April 30, 2023.

You can deduct & pay till 30th April & filled your return before 31st may . 

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