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Day: July 17, 2013

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…

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Belated Issue or Non Issue of TDS Certificate

Failure to issue TDS certificate within the time allowed, attracts penalty of Rs. 100/- per day of default (Sec 272A(2)(g)). However, penalty will not exceed…

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Important proofs while filing IT return

Following are some important list of the proof used for taking advantages of deductions under sec 80 C of IT act :- 1. Life Insurance…

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