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Income Tax - Highlights / Catch Notes

Home Highlights March 2016 Year 2016 This

Penalty u/s 271C - non deduction of tds u/s 194LA - there was no ...


Penalty u/s 271C Waived Due to Lack of Malicious Intent in Non-Deduction of TDS Per Section 194LA.

March 16, 2016

Case Laws     Income Tax     AT

Penalty u/s 271C - non deduction of tds u/s 194LA - there was no mala fide intention on the part of the assessee for non-deduction of TDS since it had recovered the TDS from the concerned as soon as the violation of law was brought into assessee’s notice - AT

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