Penalty for Late Filing of TDS Returns
Posted @ October 17, 2013, 2:09 am under (GST & TDS Returns)
Section 234E – Levy of Fees
For delay in filing e-TDS Statement, fees of Rs. 200 per day will be levied on the deductor, as long as TDS Statement is not filed.
The levied amount of fee is not supposed to exceed the TDS deductibles.
Prior to filing of TDS Statement such fee should be paid and it should be reflected in the TDS Statement.