Charges collected for late filing of TDS return is a fees and not a tax
The fee sought to be levied under section 234E for late filing of TDS return is not a tax that is sought to be levied on the deductor. If the… Read more »
Tag: e-TDS Statement
Last date of filing of TDS/TCS returns for Q2 of FY:2014-15 – 15th October 2014
Due date for filing of TDS/TCS returns for Quarter 2 of FY:2014-15 is 15th October 2014. With the introduction of Section 234E, there is now a provision of stringent penalties… Read more »
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… Read more »
Levy u/s 234E of the Income Tax Act, 1961 is a statutory levy and cannot be waived
If the deductor is charged penalty amount u/s 234E then this penalty has to be paid to the Income Tax Department using Challan No. 281, and this penalty cannot be… Read more »