272A(2)(C) OF INCOME TAX ACT

Data?1494421738 samkit kothari asked over 3 years ago

WHAT IS THE MAXIMUM AMOUNT OF PENALTY U/S 272A(2)(C) ?

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Open uri20170510 32134 tcchcu?1494421832 Jitendra Suthar answered over 3 years ago

Hiii friend.... Under section 272A(2)(C) penalty is levied if you fail to Furnish eTDS statement. **The penalty u/s 272A(2)(C) is Rs. 100 per day and it is limited to amount of TDS.** So the maximum penalty is upto TDS amount and cannot be more than TDS amount. Regards,

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