TMI BlogInterest Charged for Late TDS Payment: Automatic Penalty u/s 201(1A) for Delayed Tax Deposits.Levy of interest for delayed payment of TDS - there was exfacie delay in depositing the deducted tax (TDS) within the stipulated due dates, for the reasons interest u/s 201(1A) found charged and such levy is automatic and without escapement - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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