Penalty on non filing of tds statement

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UMESH KIRAN (Querist)
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06 January 2014 Sir,I have paid income tax of Rs 1402(for total taxable income) for the financial year 2010-11 on 25/03/11 but had not filed tds statement of q4 of 2010-11, i had filed itr under my pan and the tax paid is not reflected under my pan and i have recieved a rectification notice on 20/10/2012.If i file tds statement of q4 2010-11 now, how much penalty would be levied?

CA PARTH SHAH

CA PARTH SHAH (Expert)
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02 February 2014 Its seems you are mistaken with income tax with the tds. If the tax is not reflected in your pan then you have to submit copy of challan to the income tax officer. The question of tds return don't come into picture. However if the tds deducted by your payer is not reflected in your PAN then you need to ask payer to revise its tds return .