22 January 2014
As per rule 31A deductir have to issue tds certificates with in 15 days from the due date of filing tds return . .failure to issue tds certificates u.s 203 . . Will attract penalty under section 272(A)(g) . . Rs.100/- per day not exceeding tds deducted
22 January 2014
Circualr 4/2013 dated 17.4.2013 . .and also it valid only if u issue tds certificates downloaded from TRACES website . . Issuing tds certificates other than from traces as invalid...and i guess there is a penalty for not downloading tds certificates from traces . May be around 5000 tp 10000