Tds

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 May 2015 we have filed our tds return on due date. the tds was deducted on account of interest. now we want to revise the return by adding some more enteries. what are the penalties or interest for filing the revise return. please reply as soon as possible

CA R SEETHARAMAN

CA R SEETHARAMAN (Expert)
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30 May 2015 No penalties and interest for filing revised return provided you have remitted all TDS in time. Interest payable on belated TDS recovery and remittance.

Rupesh Jain

Rupesh Jain (Expert)
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30 May 2015 intt. are applicable if you are nt deposit the tds amount on or before due date of tds deposit.
otherwise you are not liable to pay any intt or penality.

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