Penalty for Late Filing of TDS Return - Section 234E and 271H Explained

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The penalty for late filing of TDS return runs on two tracks: a mandatory late fee of Rs 200 per day under section 234E capped at the tax deducted, and a discretionary penalty from Rs 10,000 to Rs 1,00,000 under section 271H where the delay exceeds a year or the statement carries wrong particulars. The second is contestable. AskSolique retrieves the tribunal reasoning on reasonable cause and drafts the submission with those authorities cited.