03 February 2012
I have to file my client’s TDS return of last 3 quarters. I know that there is a penalty of Rs. 100/- per day for late filing of returns. But do they actually impose such penalty. The TDS deducted for these quarters is within Rs. 2000/-. TDS was deposited on time.
Further someone has told me that manually filing of TDS return ( i.e. to submit Form 24 G and 26Q in hand filled form) can reduce the chances of penalty…..
Pls someone answer since the delay was from my side………