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Income Tax - Highlights / Catch Notes

Home Highlights October 2015 Year 2015 This

Delays in remittance of TDS amounts - Assessee could never be ...


Assessee Not Liable for TDS Remittance Delays Caused by Bank or Clearing House, Irrespective of Transaction Rules.

October 29, 2015

Case Laws     Income Tax     AT

Delays in remittance of TDS amounts - Assessee could never be faulted for delay on the part of the bank or the clearing house, whatever may be the rules governing receipts and payments into the Central Government account. - AT

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