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Income Tax - Highlights / Catch Notes

Home Highlights May 2016 Year 2016 This

Penalty under section 271C - failure to deduct tax - assessee ...

Case Laws     Income Tax

May 3, 2016

Penalty under section 271C - failure to deduct tax - assessee has not been treated as an "assessee-in-default" as per section 201 of the Act and is, therefore, neither liable to deduct nor pay any tax as per Chapter XVII-B nor any penalty imposed - AT

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