TMI Blogtds not depositedX X X X Extracts X X X X X X X X Extracts X X X X ..... what would be the penalty if credit has been given to the party and tds also deducted in the books but payment has not been done to the party? - Reply By CA GOPALJI AGRAWAL - The Reply = Penalty for ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the same is prescribed u/s 271C which is equal to amount of tax deductible. The assessee would be treated in default and liable to tax and interest. Please also note that the law stipulate the pros ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ecution also. - tds not deposited - Query Started By: - manish khawas Dated:- 25-9-2012 Income Tax - Got 1 Reply - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, person ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... al opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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