one of my friend forgot to file tds return for 2 & 3 qrt. for A.Y.2016-17 & the amount of Tds is around Rs. 80,000/- in this case what will happened becoz the late filing fees is Rs.200/- per day and according to this the late fees is around Rs.65,000/-. please suggest me can we save this late fees??
12 May 2016
late fee you have to pay. but its not more than TDS amount. you have to check the TDS deduction liability date. if its correct then no option.
CAclubindia
