Tds

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shyam (Querist)
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10 June 2015 There is unsecured of Rs. 7500000 on which interest at the rate 12 is booked in the month of march 2015. but no tds have deposited till 10.06.2015 also as consequence no tds return filled on 15.05.2015. My question is if I pay tds with interest and fill the return. Can we require to pay penalty. if yes then how much

Rupesh Jain

Rupesh Jain (Expert)
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10 June 2015 you have to pay intt on delay deposit of tds @ 1.5 per month for march to june

and if you not deposit the tds return then you have to pay rs. 200/- per day penalty for tds return .

it may prosecution in future.