Last date for Paying TDS

This query is : Resolved 

08 April 2009 Sir, In case we have not paid TDS for FY 2008 - 09 but deducted from party, wanted to pay the tax and issue the certificate to them and book the expenses in the FY 2008 - 09. Kindly suggest me what We have to pay

08 April 2009 if a person after deducting TDS fails to deposit the same, then:
(a) The person repsonsible for deduction is treated as 'assessee in default'
(b) penalty a sum equl to the amount which he failed to deposit (SEC. 271C)
(c) simple interest @ 12% p.a. till the date of actual deposit in Govt. treasury.
(d) Rigorous punishment for a term which shall not be less then three months by may extned up to seven years and fine.( sec. 276B)





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