I have to file tds returns of F.Y 2007-08, is there is any penalty in submission of returns after last date ?
2 Replies
NiTiN JAiN
(TAX CONSULTANT & CA FINAL STUDENT)
(155 Points)
Replied 18 June 2010
yes penalty can be levied
vinay sharma
(CA final (Article))
(327 Points)
Replied 19 June 2010
yes there is penalty of rs. 100 per day upto maximum TDS amount
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