My husband has got notice for TDS penalty u/s 234E for rs.16000/- . He deducted TDS in August 214 and deposited in Feb 2015. Is there any way to avoid this penalty ?
Please reply. It is urgent.
Thanks
Deval M. Thakkar
(Student CA Final and Article Assistant at Talati & Talati Ahmedabad)
(368 Points)
Replied 05 April 2016
Dear,
If in your case penlty is levied after 01-06-2015 then you can take the base of two judgements passed in favur of assessee and allowing drop of such penalty rasied.file an application u/s154 to TDS department for cancellation of penlty. if 154 rejected you may go to appeal
manoj
(student)
(5205 Points)
Replied 05 April 2016
There are judgements so need not worry
Deval M. Thakkar
(Student CA Final and Article Assistant at Talati & Talati Ahmedabad)
(368 Points)
Replied 06 April 2016
Dear
judgements are not binding but they can be taken as base or support.