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Income Tax - Highlights / Catch Notes

Home Highlights June 2015 Year 2015 This

Penalty levied u/s 271C - failure to deduct tax at source ...


Section 271C Penalty: Failure to Deduct Tax at Source Leads to Penalties; Non-Payment After Deduction Can Lead to Prosecution.

June 13, 2015

Case Laws     Income Tax     HC

Penalty levied u/s 271C - failure to deduct tax at source should be made liable to liable to levy of penalty, while the second part of the default, i.e., failure to pay the tax deducted at source to the Govt. which is a more serious offence, should continue to attract prosecution - HC

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