Introduction Tax Deducted at Source (TDS) ensures timely tax collection by deducting tax at the point of payment. However, failing to file TDS returns on time can lead to penalties under Sections 234E and 271H of the Income Tax Act. In this article, we will explore the penalties, late fees, interest charges, and legal consequences of delayed TDS filings and payments. TDS Return Due Date & Late Filing Fees (Section 234E) A delay in filing TDS returns beyond the due date attracts a fee of ₹200 per day. This fee applies from the due date until the date of filing…