Penalties of late filling of TDS return

This query is : Resolved 

18 September 2008 What are the penalties of late filling of TDS return for the FY 2007-2008 final quarter and how can we minimize them?

18 September 2008 he will be deemed to be assessee in default & cosequently penalty & inn u/s 220 & 221 shall be levied.

23 September 2008 Thanks


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