Late submision of 24q / 26q

Dipjyoti Majumdar (CA in service & CS. dipmaj@ )   (3469 Points)

13 February 2012  

Friends

If a company files TDS return after a due date can penalty be imposed by the AO. Is it discretionary on his part ? Usually he would look into the period of delay ie by 10 days or by 2 months and then decide his course of action ?

Regards,