11 July 2009
Dear Sir, If we are not comply our T.D.S return of 1st Qur. with in 15.06.09. What are panel provision ? pls. tell me about.
Guest
Guest
(Expert)
11 July 2009
Penalty for Non filing or filing of belated Return :
U/s 272A(2) of Income Tax Act, Penalty of Rs.100 for every day during which failure continues, provided that the amount of penalty shall not exceed by the amount of tax deductible or collectable, as the case may be.
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