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Income Tax - Highlights / Catch Notes

Home Highlights September 2015 Year 2015 This

TDS liability - The ultimate liability for tax being not there ...


Assessee Must Comply with Section 201(1A) Despite Firm Paying Tax to Avoid Interest for Non-Compliance.

September 26, 2015

Case Laws     Income Tax     AT

TDS liability - The ultimate liability for tax being not there (since the firm which received the interest from the assessee had paid tax on such interest) did not dilute the requirements for the non-compliance of which interest is levied under section 201(1A) - AT

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