As per section 271H, where a person fails to file the statement of tax deducted/collected at source i.e. TDS/TCS return on or before the due dates prescribed in this regard, then he shall be liable to pay penalty under section 271H. Maximum penalty that can be levied is ______.

Question

TuteeHUB · Accepted Answer

2,00,000

TuteeHUB · Answer

1,00,000, but not exceeding the amount of TDS/TCS.

TuteeHUB · Answer

3,00,000

TuteeHUB · Answer

4,00,000

1.	As per section 271H, where a person fails to file the statement of tax deducted/collected at source i.e. TDS/TCS return on or before the due dates prescribed in this regard, then he shall be liable to pay penalty under section 271H. Maximum penalty that can be levied is ______.
A.	1,00,000, but not exceeding the amount of TDS/TCS.
B.	2,00,000
C.	3,00,000
D.	4,00,000
Answer» B. 2,00,000

As per section 271H, where a person fails to file the statement of tax deducted/collected at source i.e. TDS/TCS return on or before the due dates prescribed in this regard, then he shall be liable to pay penalty under section 271H. Maximum penalty that can be levied is ______.

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