Query about tds penalty....

bhavik mehta (C.A.) (526 Points)

14 July 2012  

hello, 

As per new rule, there is a penalty of Rs.200/- per day, for late filling of TDS return .

I have a query that this time the last filling day of TDS return 15th july is sunday(holiday) ,so whether as like income tax return last due date is next working day or not??

i mean if any person has filled return on 16th thenis penalty levied?? 

please put proper section note , if you know, as i am unable to find that.

Thank u in advance... :)