Tds

This query is : Resolved 

13 February 2012 I am deducting TDS on Rent of Rs.20000/- since May '2011 but till now (jan'12) i have not deposited in Bank. Pl inform me what is the penalty & interest for late deposit of TDS i.e. the accumulated amount is Rs.1,80,000/-

15 February 2012 Following provisions attracts-
Interest - u/s. 201(1A)
Penalty u/s. 271C In addition prosecution proceedings.



You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now

Join CCI Pro
CAclubindia's WhatsApp Groups Link


Similar Resolved Queries


loading


Unanswered Queries