SUPPOSE I DEPOSITED ALL TDS AMOUNT ON TIME DEDUCTED BY ME, BUT BY MISTAKE I FORGOTTON TO DEPOSITED TDS RETURN ON TIME & IT COMES IN LIGHT AFTER THREE MONTH . SO PLEASE TELL ME NOW IS THERE ANY PENALITY RISE ON ME FOR THE DELAY.
14 March 2013
Yes, you need to pay a fee of Rs.200 for evry day for three months.But total of fees can not exceed the TDS you recovered during this quarter.
You need to pay the fee at the time of submitting TDS return.