Please Help: TDS Return

Posted Date : 23-Apr-2013 , 10:54:35 am | Posted By CA Tej Prakash Dixit

From 01/07/2012 penalty for late filing of TDS return is 200 per day...if TDS return of Quarter one and two is filed in March 2013..which penalty provision is applicable..?

Category : Income Tax | Answers : 4 | Comments : 1 | Hits : 106

Answers

Answer By: Vikky Kumar Jha

Effective from 1st July 2012, any delay in furnishing the eTDS statement will result in a mandatory fees of Rs. 200 per day.

You should have to pay Rs. 200 per day

Answer By: Vikky Kumar Jha

The total fees should not exceed the total amount of TDS made for the quarter

Answer By: Rishabh Upadhyay

rs 200 p/d subject to maximum of tax liability

Answer By: Surendra Kumar Dash

penalty is rs 200 per day which restricted to tax liability.