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tds return

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 January 2010 if tds return file in late i.e after due date so any penalty is leviable if yes what will be the penlaty & which section
is applicable for penalty in late filling of tds return
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CA Prashant Gupta

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CA Prashant Gupta (Expert)
23 January 2010 penalty is 100/- per day u/s 272A(2)(c)but it can't exceed sum of TDS.

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