How to pay TDS late filing fee?

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How to pay TDS late filing fee?

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May 23, 2022

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Narayandas · Answer 1 · 2022-05-23T10:46:12+00:00

I am sure you are aware that when you exceed the due date of filing returns or TDS returns, you are liable to pay a fee for it. I see you want to know how to pay late fee for TDS return. I can help you out. I defaulted on a couple of payments myself and I had to pay a penalty for it. Let me share with you what I did here. Pay your utility bills online on time and get assured rewards now. Use NoBroker Pay here How to pay TDS late filing fee? The section 234E states that if we fail to file TDS/TCS return by due date we shall be liable to pay a penalty of Rs. 200 for every day of the default of payment.

Go to the TRACES portal and ,login using your credentials
Now Download the Justification Report from to view your latest outstanding amount.
You will need to pay the late fee using Challan ITNS 281. Make the payment to the bank.
Now download the Conso File from TRACES portal.
You will need to tag the challan towards late payment in the “Fee” column” using RPU Ver. 3.8.
Fill the amount in that column and validate to generate the FVU.
Now, submit the Correction Statement at TIN Facilitation Centre or go to Online Correction facility to pay the demand.

This is the complete process. I took help from my CA to complete this process, I would advise you to do the same if you are new to the process. I hope this clarifies your doubts about how to pay late fee for TDS return. Read more:

How to file TDS return online How to apply for TDS return by buyer for seller How can I make PAN correction in TDS return online

Ashish Khurana · Answer 2 · 2023-03-31T19:55:16+00:00

The purpose of Tax Deducted at Source, or TDS is to collect taxes directly from the source of income. The deductor is required by the TDS concept to withhold the tax at the source and send the money to the Central Government's account. But you must also know how to pay penalty for late filing of TDS return online. Use NoBroker to pay the rent and get a receipt to claim HRA. Pay all your utility bills via NoBroker to get exciting cashback.

How to pay late fees of TDS return?

You can follow the below steps to know how to pay TDS penalty online:

Download the Rationale Report from the TRACES portal to check your most recent outstanding demand.
Use Challan ITNS 281, or any other Challan to pay for the above with your appropriate Banker.
On the Traces site, get the Conso File.
When paying the late filing fee, place the challan's barcode in the "Fee" column and submit the corrected statement to the TIN Facilitation Center.
You can also use the Online Correction facility to change any information, if needed.
Now you know the TDS late filing fees payment online process.

What is the interest on TDS for a late deduction?

The late TDS deduction carries a 1% monthly interest charge. This interest rate will be applied from the time the tax becomes deductible until the date of deduction. Section 201A of the Income Tax Act describes the default of TDS interest for a late deduction. It is allowed to file a TDS return only after paying this interest. How to pay penalty for late filing of TDS return online must be clear to you. Read More: What is TDS and how it is calculated? How to calculate TDS on professional fees? How to pay interest on late payments of TDS online?

Avinash T · Answer 3 · 2023-08-17T15:29:58+00:00

TDS is Tax Deducted at Source. It is deducted at the source in order to send it to the Government. If you delay filing your TDS return on time, you will be charged a fee for it. This fee is called the late fee for TDS return. I see that the process of how to pay late fees of TDS return has been quite clearly explained by Mr. Narayandas and Mr. Ashish. That is why I will tell you everything else that you need to know to not incur any late fees on TDS return.

TDS late fee payment online

As far as I know, an intimation has already been sent to the deductors through their registered email ID and via post, informing them that there is an outstanding demand for designated quarters. This also includes the demands for delayed filing of TDS statements under Section 234E of the Income Tax Act. So, in order to save yourself from incurring late filing fees, you should know the due dates for filing of TDS return for the financial year 2023-24 along with how to pay TDS late fee online.

Quarter ending	Month of deduction	Due dates for depositing TDS (FY 2023-24)*	TDS Return Due Date (FY 2023-24)
30th June 2023	April 2023	7th May 2023	31st July 2023
May 2023	7th June 2023
June 2023	7th July 2023
30th September 2023	July 2023	7th August 2023	31st October 2023
August 2023	7th September 2023
September 2023	7th October 2023
31st December 2023	October 2023	7th November 2023	31st January 2024
November 2023	7th December 2023
December 2023	7th January 2023
31st March 2024	January 2024	7th February 2024	31st May 2024
February 2024	7th March 2024
March 2024	7th April 2024 (for tax deducted by govt. office)
30th April 2024 (for other deductors)

I would again suggest you go through the previous answers to understand in detail how to pay TDS late filing fee online. With NoBroker’s house loan services, get a stress-free home loan disbursement. Read More: How to Calculate Interest on Late Payment of TDS? How to pay interest on late payment of TDS online?

Mahi Tiwari · Answer 4 · 2023-11-28T10:50:51+00:00

Mahi Tiwari

0 November 28, 2023

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My neighbour was once wondering about the late TDS return filing penalty. My brother, who is a CA, helped him. I will tell you the same process. If you have missed the deadline for filing TDS returns, you are required to pay late filing fees which is Rs 200 per day.

Visit the official website of the Income Tax Department, https://www.incometaxindia.gov.in.
Log in to your account in e-Filing portal.
Select the "TDS" section and you will find an option like "Late Filing Fee" or "Consequences for Late Filing."
Choose your assessment year for which you are paying the late filing fee.
Review your details and proceed to pay the late filing fee.
After selecting the payment method, the portal will generate a challan for the late filing fee.
Complete your payment process and verify the payment status to ensure that the late filing fee has been successfully paid.

This is the method my brother told the neighbor about how to pay TDS interest on late payment. Get legal assistance from No Broker experts Read more How to Download TDS Return Acknowledgement from TRACES 2023

How to pay TDS late filing fee?

How to pay late fees of TDS return?

What is the interest on TDS for a late deduction?

TDS late fee payment online

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How to pay TDS late filing fee?

How to pay late fees of TDS return?

What is the interest on TDS for a late deduction?

TDS late fee payment online

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