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: Section 234E
Late Filing Fee u/s 234E – Judicial Interpretation – Hon’ble High Court of Bombay – February 6, 2015
Dear Deductor, Section 234E of the Income-tax Act, 1961 inserted by the Finance Act, 2012 provides for levy of a fee of Rs. 200/- for each day’s delay in filing… Read more »
CPC (TDS) follow-up for payment of outstanding Late Filing Fee u/s 234E
CPC (TDS) has issued a follow up communication for the payment of outstanding late etds filling fees u/s 234E. In the communiation, CPC (TDS) has also mentioned about the action… Read more »
Sec. 234E Fine For Late Filing Of TDS Returns is constitutionally valid: Bombay HC
Rashmikant Kundalia vs. UOI (Bombay High Court), WRIT PETITION NO.771 OF 2014, Pronounced On : 9th February, 2015 Petitioners have challenged the constitutional validity of section 234E of the Income… Read more »
CPC (TDS) follow up for Filing of Form No. 24G in FY 2014-15
CPC (TDS) has issued a communication regarding filing of Form No. 24G in FY 2014-15. The issued communication has been given below: Dear Sir/ Madam, This is to inform you… Read more »
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 »