13 November 2014
I have not filed tds return of FY 201415 Q1 as there was no transaction in that qtr. But now i have passed one backdt entry & deducted TDS Rs.2000/- in Qtr 1.& The same is now paid with Interest. So while filing tds return is late filing fees for return @200 per day is applicable??? & if yes then Fees amount comes More than my TDS liability . So How Fees is to be calculated & paid ???
13 November 2014
234E fee may be levied ,..200 per day of delay ,which is restricted to amount of tds deducted. . . . so 234E fee will be limited to 2000
CAclubindia
