TMI BlogPenalty u/s 272 A(2)(c)X X X X Extracts X X X X X X X X Extracts X X X X ..... The assessee had paid freight of ₹ 9,00,000/- in Fy 2011-12.PAN was received from transporter, hence no TDS was deductible. However, the details of transporter were not furnished with TDS ret ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... urn, which attracted penalty u/s 272 A(2)(c). But penalty in this case is ₹ 100 per day for which default continues maximum upto TDS liability. TDS liability in this case is NIL. So, what will ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... be the penalty amount leviable? - Penalty u/s 272 A(2)(c) - Query Started By: - Sneh K Dated:- 12-2-2015 Income Tax - Income Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ersonal 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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