27 September 2014
Hi All,
Is there any penalty /interest non filing of Tds returns if the deductee does not have PAN?
Tds deducted 20% instead of 10% and remitted the same within due date ,but tds return not filled.
27 September 2014
for non-filing of TDS return, penalty shall be levied under 234E at Rs 200 per day subject to maximum of tax deductible under the return.