What is the late-filing fee under Section 234E?

Question

tdsguru.in (CA firm) · Accepted Answer

₹200 for every day the TDS return is late, capped at the total TDS in that statement. Section 234E levies a fee of ₹200 per day of delay in filing a TDS/TCS statement, running from the due date until the date of filing. The fee cannot exceed the total amount of TDS in that statement. This fee is mandatory and cannot be waived, and the return will not be accepted unless the 234E fee is paid. It is separate from interest under 201(1A) and any penalty under 271H.