07 May 2008
Can an assessee file TDS return even if he has not deposited the TDS deducted by him during the relevant quarter due to some financial problem so that he can atleast escape from penalty for non filing of return and subsequently file Revised TDS return when he actually deposits TDS?
07 May 2008
This is true. But it will attract penalty only for late payment of TDS while no penalty will be charged for late filing of TDS return. IS it not so?