Hello every one (except @ e.filer B.Com/ Hyderabad 
)
I paid salaries in Fy 2014-15 in which I was required to deduct and deposit the tax, however,I didn't deduct anything.
My employee has filed his return of his income and paid the tax thereon.
Now as per the provisions I am relieved from deduction and payment of TDS on said salary, however, I am still liable to pay interest.
My questions are
1) whether I am still liable to file TDS return for previous year?
2) how much interest i am required to pay i.e. rate and period?
CAclubindia
