CBDT Income Tax NSDL TAN TDS TDS certificates TIN NSDL Traces

Late filing of TDS return – Penalties, Prosecution & Interest Calculation

The various provisions of TDS are statutorily required to be strictly complied with. Any default in compliance can attract, levy of interest, penalty and in certain cases initiation of prosecution proceedings. Failure to deduct tax Where the employer has failed to deduct tax or when short deduction of tax has been done, following statutory provisions […]