27 March 2018
Govt School HM wants to file TDS Returns of FY 2015-16, 2016-17 now!!
Is there any way to AVOID Penalty,
As penalty will be very high 200 per day from 2015- till date.
28 March 2018
No, penalty can not be waived u/s 234E, Courts held its constitutional validity also. But it is restricted to the tax amount, so do not just factor year 2015/2016, factor what is the liability, it will limited to the tax laibility.