Late filing of tds returns
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 March 2012
Sir,
What is the penalty for late filing of TDS Returns? i have submitted TDS returns for F.Y. 2010-11 in March-2012? What amount of penalty can be levied on me?
What is the penalty for late filing of TDS Returns? i have submitted TDS returns for F.Y. 2010-11 in March-2012? What amount of penalty can be levied on me?
31 March 2012
They can impose penalty U/s 272A(2). Penalty will be Rs.100 ( each return) per day default continues but subject to maximum of tds amount.
But before passing any order for imposing penalty, the IT department is required provide us an opportunity to explain our situation(notice).
But before passing any order for imposing penalty, the IT department is required provide us an opportunity to explain our situation(notice).
Message likes :
1 times
14 April 2012
Experts have given proper reply to your query and I agree with them
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is Aadhar PAN linking required for opening bank account?
- CPC Processing IT Return for AY 2023-24 without recognizing the Taxation Option under New Regime
- Where to show the RCM on Rent paid to unregistered landlord
- RCM - commercial rent paid to URP under GST
- Gst Sales of FY 2023-24
- Payable outstanding for years disallowance
- GST Annual Returns filing due date
- Offsetting interest income against derivative trading losses
- SEC 54 OF IT ACT
- Legal heir raised refund , but refund issued to the closed account of deceased.
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding Resignation by Auditor from Pvt. Ltd.
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
-
Excel Mastery Program
CA Rishabh Pugalia
CAclubindia
