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General Income Tax PAN TDS

Bombay High Court Order: No TDS On Salaries Reimbursed Under Secondment Agreement

Bombay High Court has ruled that payment of salary under secondment agreement does not attract tax deducted at source (TDS). Secondment agreement is an agreement between a foreign Company and its Indian counterpart wherein the staff of foreign company deputed to the Indian counterpart for a certain period of time, remains on the payroll of […]

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CBDT Income Tax NSDL PAN TDS TDS certificates TDS return TIN NSDL Traces

Fees and Penalty for Late Filing of TDS Returns

Fees and Penalty for Late Filing of TDS Returns are as follows: Section 234E-Levy of Fees  Failure to submit TDS return on time will result in fees on the deductor. If you delay or forget to file your TDS return, fees of Rs. 200 per day will be levied on the deductor, as long as TDS […]

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