Tds penalty

This query is : Resolved 

06 December 2013 i received a penalty of rs 5000 for late filing of returns
can it b waived off

06 December 2013 No it is a statutory penalty and cannot be waived. This is clearly mentioned in TRACES website.

06 December 2013 can we fight for it to drop[ down penalty


06 December 2013 You cant fight. Only thing you can do is to request your TDS AO and see if anything can be done.



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