LATE FILLING TDS RETURN

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Harshada Zemse (Querist)
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02 April 2011 Dear Sir /Madam,

We have filed TDS return of Non-salary & salary of Q1 on dated 15.02.11 & Q2 on dated 28.03.11. We have only paid TDS return filing charges only.

Then pls let me know how can we pay late TDS return filing charges (which is per day Rs.100) & what is procedure for payment of this charges.

Pls help!!!!

Rajan Kapoor

Rajan Kapoor (Expert)
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02 April 2011 When the TDS return is filed after the due date, you attract penalty under section 272A(2)(1). The penalty shall be Rs.100, for each day of delay, subject to the maximum of tax deducted. But before passing any order imposing penalty, the department is bound to provide us an opportunity to explain our position.

You should wait for income tax notice for penalty for late filing of TDS return.

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