26 June 2010
Can anybody tell me what are the late filling provsions of TDS return... what is the penalty amount and what is the Interst rate that has to be charged for late depositing of TDS amount..
26 June 2010
For late filing of TDS return penalty of Rs. 100/- per day is leviable.
If TDS has been deducted and not paid then interest payable @ 1.5% p. m. and if TDS dedcuted now and being paid now then interest payable @ 1% p. m.
Querist :
Anonymous
Querist :
Anonymous
(Querist)
26 June 2010
Actually Rs.100/- per day is leviable from which date... I mean to say jst last date for q1 is 15th july ..... then from 15th july it has to be levied