Tds

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Anurag Chhabra (Querist)
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07 September 2011 What are the consequences if some one
1. deduct less tds
2. deduct late tds
3. deduct no tds
4. pay less tds to govt
5. pay late tds to govt
6. pay no tds to govt

consequences related to
1. assessee in default
2. simple interest
3. sec 220
4. sec 221
5. sec 271C
6. sec 276B
7. any other sec

CS Bijoy

CS Bijoy (Expert)
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10 September 2011 Interest will be required to be paid @ 1.5% at the time of payment and if not made any payment than demand will come from department.