24 April 2018
A party deducted tds for Fy 2007-08 but TDS Return not filed. but now party wants to file TDS return for the same. As per 234E there is a late fee for late filing max. upto TDS amount.
So is it possible to first file NIL TDS return to avoid late fee than file revised return for the same.
25 April 2018
here is the problem. You cannot file nil tds return anymore. So that option is anyway not available for you. also, filing incorrect return is further punishable under 271H.
So instead of finding ways around this, ask your client to pay the due amount along with interest and late fees.
25 April 2018
Late filing fees is sbject to TDS amount limit na. So if NIL declaration filed first no late fee will be there. then if we revise the return late filing fee should not be there in case of revised return.
CAclubindia
