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TDS

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(Querist)
02 July 2011 We have to give TDS certificate with in 15 days from the quarter end in case of first third quarter & in last quarter with in 2 months but I want to know what are the penalty provision if we not issue TDS certificate to the Deductor with in prescribed tome limit?

Await for ur valuable reply.
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Ram Avtar Singh

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Ram Avtar Singh (Expert)
02 July 2011 penalty not define. but its mandatory by law.
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DESAI RONAK

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DESAI RONAK (Querist)
04 July 2011 THANKS FOR REPLY .
BUT SIR IF THIS IS THE PROVISION THEN NO BODY WILL FOLLOW THIS RULE GENUINELY.
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