Client had not filed tds returns for Q1,2,3 for Fy-
20-21 but challan for each month paid correctly.Now if we want to file tds returns for all the Quarter, How much penalty do we have to pay?
Menu
TDS on late filing
Replies (2)
As per section 234E of the Income tax act 1961 Rs 200/- per day or TDS amount whichever is less late fees applicable for late filing of TDS returns , so refer section 234E .
Also refer section 271H of the Income tax act 1961 may. be applicable because TDS return is late more than one year of Q1 20-21 , so please confirm .
Also refer section 271H of the Income tax act 1961 may. be applicable because TDS return is late more than one year of Q1 20-21 , so please confirm .
Late fee would apply as per section 234E
Related Topics
CAclubindia
