IN WHICH SECTION( NATURE OF PAYMENT ) ONE SHOULD HAVE PAY THE TDS LATE RETURN FILLING FEES ? WHICH CODE SHOULD BE SELECTED FOR YPE OF PAYMENT? WHAT SHOULD TAKE A PRECAUTION WHILE REVISE THE TDS RETURN?
NARENDRA (ACCOUNTS MANAGER) (1994 Points)
26 October 2013IN WHICH SECTION( NATURE OF PAYMENT ) ONE SHOULD HAVE PAY THE TDS LATE RETURN FILLING FEES ? WHICH CODE SHOULD BE SELECTED FOR YPE OF PAYMENT? WHAT SHOULD TAKE A PRECAUTION WHILE REVISE THE TDS RETURN?
shikhar
(LEARNER )
(1394 Points)
Replied 26 October 2013
Hello, friend
As per sec 234E , Penalty should be Rs 200 per day , penalty amount should not be more then total tax . and it should be deposited before filling of return as per act
Thank You
Shikhar