Consequences of TDS Defaults for Deductors/Collectors

Defaults and Penalties in TDS Payments & TDS Return filing

Defaults and Penalties in TDS Payments & TDS Return filing

In case of failure to deduct TDS as mandated by the statutory provisions of the Income Tax Act, an individual may incur interest and penalty charges. This article covers the relevant Defaults and Penalties in TDS Payments & TDS Return filing. Understanding the consequences of TDS defaults is crucial for you, as it helps in … Read more