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Tds inaccurate penalty upto 1 lacs?

This query is : Resolved 

07 May 2012 from 1 st july inaccurate tds returns may attract penalty upto 1 lacs rs.


what it does to inaccurate?
plesae elaborate .

07 May 2012 Inaccurate means if any of the details in the return are wrong then penalty may be imposed.

Examples are, mentioning of challan no without actually paying the challan; Mentioning wrong PAN of the deductee just to avoid the 20% TDS; Mentioning any unintentional information with intent to evade tax, etc.



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