TDS Tax Returns

SATYANARAYANA K (Querist) 01 January 2010 This query is : Resolved
A person is working in Mnc. His all tax has been deducted from salary by way of Tds. There is no his tax liability upto 31.03.2009.But he did not file return by 31st July,2009. Now he wants to file return. will he pay interest u/s 234 for delayed submission of return.

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Raj Kumar Makkad (Expert) 01 January 2010
No. He can file his return upto 31 March 2010 without any interest as his TDS has already been deducted and deposited.

sunildatta akole (Expert) 01 January 2010
I agreed with Mr. RajKumar Makkad. It is better for you to file your I.T. return as early as possible before 31st march, 2010

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