WebApr 6, 2015 · Complete details Of TDS rate changes for financial year 2015-16 Tcs rate changes, Due date to deposit TDS , Due date for Form 16, Due date for Form 16A , Due date for ETDS return Form 24Q,Penalty and interest provision for late deposit of TDS ,consequences for default in filing of E tds Return , TDS rate applicable in case of Non … Web5 rows · Feb 10, 2024 · As said earlier, you are liable to face certain consequences like late fees, interest on the tax ...
What Happens if ITR is not Filed? What are the Consequences?
WebAug 4, 2024 · Penalty for failure to file TDS Return? In addition to late fees, the deductor is also liable to pay penalty under section 271H. The minimum penalty shall be levied of Rs. 10,000 which can go upto Rs. 1,00,000. No penalty under section 271H will be levied in case of delay in filing the TDS/TCS return if the deductor meets the following conditions : WebJul 6, 2024 · Any person who fails to file his TDS Return by the due dates for the respective quarters, is liable to pay a late filing fees, which shall be Rs. 200/ day, for every day of … hallucinations from schizophrenia
PENALTIES UNDER THE INCOME-TAX ACT
WebJun 28, 2024 · Consequences of non deposit of TDS. In case TDS was deducted but was not deposited by the deductor by the correct date, deductor has to make payment of interest for late deposit of TDS. Late filing fee (for late filing the TDS return) Interest (for late deposit of the TDS) Penalty (if deductor does not file TDS return within one year of the … WebConsequences of late/wrong filing on TDS Return. Late filing fee of Rs 200 per day under section 234E 1) Penalty of Rs. 200 per day shall be payable for any delay in … WebFor salaried person. If an ITR is filed before 31st December of the Appraisal year, the penalty fee is up to ₹ 5,000. If the ITR is submitted post 31st December but before 31st March of the year, the fine will be up to ₹ 10, 000. Additionally, for people having a total yearly income below ₹ 5 lakhs, the maximum penalty is up to ₹ 1,000. burgwall dortmund