Penalty

This query is : Resolved 

24 December 2010 By Notification No. 41/2010, department has made the Issue of the TDS certificates quarterly.

What is the penalty of not following this notification

24 December 2010 penalty shall be Rs.100 for each day during which failure continues but maximum penalty shall be amount of tax which shall be deductible/deducted.

24 December 2010 This is not mentioned in the notification. which section is this


25 December 2010 penalty shall be levied u/s 272A(2).



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