TDS pENALTY REDUCE

I Filled tds return of f.y. 22-23 . I forget about the penalty on time then i realize but it got vain because demand notice is generated. So my question is that if i revised 3 quarters & turned into nil & include all the transactions in 4th quarter then demand of penalty will reduced or not ??

Replies (2)
Quick Summary
This discussion explores strategies to reduce a TDS penalty after a demand notice has been generated. The proposed solution involves revising the TDS returns for the first three quarters to nil and consolidating all transactions into the fourth quarter. This approach aims to potentially lower the overall penalty amount. The consensus is that this revision can be performed online via the TRACES portal.

YES, You can do it online in TRACES Portal as well

TXS. FOR REPLYING ............. .............

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
ARTICLESHIP 26 August 2026
CA Article Assistant/CA Drop Out/Accounts Executive

PARV & Co.

New Delhi

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details
Company
09 September 2026
SENIOR AUDITOR & ACCOUNTS MANAGER

Anupam Parashar & Co.

Ghaziabad

CA Final

View Details
Company
ARTICLESHIP 29 August 2026
Article Assistant

RRPM & ASSOCIATES LLP

Chennai

CA Inter

View Details
Company
08 September 2026
Audit Executive

Thammana & Associates

Srikakulam

B.Com

View Details
Company
ARTICLESHIP 24 August 2026
Article Assistant

M/s.S.G.Salecha & Co.

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 26 August 2026
Article Assistant

ANIVESH CONSULTANTS LLP

Gurgaon

CA Inter

View Details
Company
ARTICLESHIP 04 September 2026
Accounts Executive

Hema Yashwanth & Associates

Chennai

B.Com

View Details